Audit & Accounting

Accounting practices need to commit to constant expansion -- and not just for its own sake.

The American Institute of CPAs’ Financial Reporting Executive Committee has released several more working drafts of industry-specific guidance related to various implementation issues involving the revenue recognition standard and is asking for feedback on them.

Automation and other advances are making handling T&E less of a pain.

Moses Kgosana, who withdrew from taking the post as chairman of Alexander Forbes Group Holdings Ltd. in the wake of allegations related to his tenure as chief executive officer and senior partner at KPMG South Africa, said he offered to step aside from the position.

CPAs have a great opportunity to lead with this technology, rather than following it.

Moses Kgosana, who was due to take the role of Alexander Forbes Group Holdings Ltd. chairman at the end of August, withdrew from the position after allegations emerged related to his tenure as chief executive officer and senior partner at KPMG South Africa.

A surprise ruling in an ERISA case reverses earlier courts.

Accounting standards -- and accountants -- are struggling to achieve relevance in the 21st century

Modern PM systems are growing to encompass more and more aspects of a firm.

The former chief financial officer of American Realty Capital Partners Inc. was convicted of misleading investors by falsely inflating a key financial metric used to evaluate the performance of the real estate investment trust.