Audit & Accounting

These long-lasting schemes can wreak havoc on a business.

The Securities and Exchange Commission voted Friday to simplify some of its disclosure requirements that have become outdated, duplicative or overlapping because of changes in the information environment or U.S. GAAP, or because of other SEC disclosure requirements.

President Donald Trump brought a long-simmering debate on Wall Street to the surface Friday when he prodded regulators to look into scaling back how often publicly traded companies report financial results.

Running a corporation or LLC is different than running a sole proprietorship — and your client’s legal obligations don’t end after filing the formation paperwork.

CPAs often talk about becoming strategic partners to help drive business decisions, and food safety is a real-world problem with a real-world impact.

The developer of cloud-based auditing software has finished a second round led by Battery Ventures.

Survey finds clients are more likely to refer their accountant if they offer client accounting services.

Exxon Mobil Corp. must face a lawsuit by investors who blamed a drop in the company’s shares on the disclosure that regulators were scrutinizing its reserve accounting related to climate change.

The Financial Accounting Standards Board released a long-awaited accounting standards update Wednesday to improve the financial reporting for insurance companies that issue long-duration contracts, such as life insurance, disability income, long-term care and annuities.

Ernst & Young is acquiring Riverview Law, a London-based provider of legal services, expanding the Big Four accounting firm’s global presence in the legal profession.