Audit & Accounting

Wirecard AG surged the most in more than a decade after saying irregularities found in an external investigation into fraud allegations in Asia weren’t material.

The Financial Accounting Standards Board is proposing to make further changes in the income tax disclosure requirements for companies to make them more relevant to users of financial statements.

The delay for the second year running will spare the country’s banks from adding another layer to the $190 billion pile of bad loans on their books.

Sax adds transaction advisory practice; FAF opens search for new Board of Trustees members; and more CPA news.

Faced with a U.S. indictment, the British tech leader had a simple choice: Focus on the criminal trial—with a possible sentence of 20 years in prison—or fight a civil lawsuit first over accounting fraud.

The Financial Accounting Standards Board is aligning its definition with the American Alliance of Museums’ Code of Ethics for Museums.

Vulnerability to fraud can pose a catastrophic risk to any company, but to a small business, it can mean life or death.

New research suggests that when auditors are sick with the flu, the quality of their work declines.

Data-driven technology has the power not only to revolutionize the profession, but also to provide greater insight and analysis.

The retailer's former chief financial officer is working with authorities as they investigate questionable transactions.