Audit & Accounting

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The Securities and Exchange Commission gave its approval Monday to the Public Company Accounting Oversight Board’s new standard for an enhanced audit report.

Economic confidence improved globally in the third quarter of 2017, but continued to fall in the U.S., according to a new survey of accountants.

The new revenue recognition standards are just about ready to go live: Brian Marshall, a partner in the National Accounting Standards Group at RSM US, talks about the challenges they represent.

Grant Thornton CEO Mike McGuire is moving his firm to become a more streamlined organization better able to respond to technological change than the Big Four, similar to the way Tesla has challenged the Big Three automakers.

Tax preparers have until Dec. 31 to renew their registration with the IRS.

The Big Four firm plans to begin offering auditing technology next week to smaller accounting firms through a new venture.

Are you one of the hundreds of California CPAs who were cited and fined by the California Board of Accountancy for failure to comply with a regulation that added new fingerprinting rules? Have I got news for you.

The recent string of devastating hurricanes and wildfires in the U.S. and its territories has prompted questions about financial reporting by companies striving to recover from natural disasters while wrestling with their insurance companies over damage claims.

Rio Tinto Group’s calamitous $3.7 billion coal deal in Mozambique keeps coming back to haunt the world’s second-biggest miner, three years after it unloaded the mine.