Audit & Accounting

Denmark has reported the local operations of Ernst & Young and KPMG to the police amid a widening crackdown on money laundering in the country.

House Oversight and Reform Committee Chairman Elijah Cummings said he’ll subpoena documents on Monday from an accounting firm tied to President Donald Trump.

Financial statement auditors can teach security experts a few valuable lessons.

KPMG unveils Ignition Center in Chicago; Withum opens learning lab at the University of Central Florida; and more CPA news.

The financial institution expects to increase reserves by about $5 billion for implementation of the current expected credit loss standard.

There is a revolution underway in major accounting firms, at least for the ones who take up the challenge to meet the shifts occurring beneath their feet.

The agency managed to open filing season on time despite the recent government shutdown and saw a big opening day.

Approximately 40 percent of private companies are behind schedule on the new leases standard or haven’t started getting ready yet.

Lawmakers are complaining about the agency’s disproportionate number of audits of low-income taxpayers who claim the Earned Income Tax Credit.

Less than two months after leaving prison, the former Enron CEO settled a lawsuit claiming he helped defraud a Canadian investment firm.