Audit & Accounting

Hong Kong, which has faced a slew of criticism on company financial reporting, is set to create a new framework to oversee auditors of listed entities in the city.

Financial institutions are getting ready for the Financial Accounting Standards Board’s new credit loss standard, though some are dragging their heels, even as the effective date approaches.

Why do businesses still make so many payments by paper check, even as technology has made checks nearly obsolete in the consumer world?

The Institute of Internal Auditors is updating its Certified Internal Auditor exam with more content on subjects such as cybersecurity and information technology.

The Financial Accounting Standards Board released a proposed accounting standards update Thursday to help organizations reclassify some of the stranded income tax effects in accumulated other comprehensive income resulting from the Tax Cuts and Jobs Act that President Trump signed into law last month.

Internal controls, the new lease accounting standard and cybersecurity are just some of the issues keeping financial executives up at night, according to a new survey by KPMG.

With 2018 now upon us, the new revenue recognition standard could have a big impact on your company and your finance team.

Steinhoff International Holdings NV’s accounting scandal is getting costly for U.S. banks.

RSM reported its international network of accounting firms broke through the $5 billion mark in annual revenue globally.

As much as it will change the profession, the new technology offers tremendous opportunities for accountants. according to Ron Quaranta and Erik Asgeirsson.