Audit & Accounting

Businesses are tweaking their cash flow and accruals to lower their interest rates on borrowing.

The incoming chief has been with the institute for 26 years, and succeeds Dennis Tomorsky on Jan. 1, 2019.

The news comes exactly a year after the disclosure of accounting irregularities and the resignation of its CEO threw the company into crisis.

Auditors such as KPMG LLP and PricewaterhouseCoopers LLP must do better when it comes to compiling a key part of companies’ annual reports, their U.K. regulator warned.

The 2014 scandal prompted a boardroom house-cleaning and an overhaul of the U.K. grocer’s supplier relations.

In honor of George H.W. Bush, filers have an extra day.

Companies are expanding their budgets to accommodate the new leasing standard, according to a new survey by Ernst & Young.

The new accounting standard will have a varying impact on financial institutions.

The global chairman and CEO is planning to step down after six years running EY’s global network.

The American Institute of CPAs’ Auditing Standards Board voted to issue a long-awaited standard on audits of financial statements of employee benefit plans, although it is still awaiting some details before the standard takes effect.