Audit & Accounting

The litigation reached unprecedented heights last year, although the total settlement value declined significantly, according to a new report.

KPMG LLP’s South African unit is flying in trouble shooters from around the globe and hurriedly meeting clients to stem any further loss of business after becoming embroiled in three evolving scandals.

The CFA Institute has some advice for investors about the main questions they should be asking about the new revenue recognition standard.

All staff will face background checks every two years to try improve the firm's reputation.

Vague disclosures by public companies about how much they’re paying in taxes don’t appear to be deterring investors, according to a new study.

Bank regulators propose to allow banks to phase in capital treatment of credit losses over three years.

Don’t point fingers when something goes awry. Focus on your firm’s systems and processes so the same mistakes don’t keep popping up.

Accountants must jump a couple of major hurdles to start teaching.

The Eller College of Management team beat out 11 other schools for their ideas on applying AI to audits.

Clients don’t care how much you know about accounting; they care how much you know about their situation.