Audit & Accounting

A little-known Republican Senate aide is in line to lead the accounting industry’s watchdog, setting up an official who lacks experience in the auditing profession for one of the highest-paying jobs in financial regulation.

Academia has a major role to play in ensuring the future of the profession.

Exxon Mobil Corp.’s attempt to use "accountant-client privilege" to avoid handing over audit documents in a politically charged climate-change probe was dealt a final blow by New York’s top court.

The Financial Accounting Standards Board has created a new web page to help companies implement its new standards.

A recent accounting standards update helps entities evaluate whether transactions should be accounted for as acquisitions or disposals of assets or as businesses.

More than three-quarters of directors at public companies polled by BDO USA expect a tax overhaul to be achieved before the end of Trump’s term in office, but only 22 percent anticipate it will happen before the end of this year.

Tax pros differ over whether they want the taxpayer present for their process.

The International Ethics Standards Board for Accountants is suggesting a set of changes prohibiting inducements.

Local firms also donated over $135K towards the Georgia Food Bank Association this August.

Outdated definitions of the profession are driving away future generations.