Audit & Accounting

The Public Company Accounting Oversight Board is continuing to uncover problems with auditor independence during recent inspections of auditors of brokers and dealers.

The Governmental Accounting Standards Board released guidance Wednesday to create a single approach to accounting for and reporting state and local government leases.

‘Nobody likes lawyers;’ attacks on the CBO; so you want to be a tax preparer?; and other highlights from our favorite tax bloggers.

Many companies are lagging behind on preparations for the new lease accounting standard as they are still working on the revenue recognition standard, according to a pair of new surveys.

The lobbying group for Hollywood’s top studios is auditing China’s box-office figures amid concern that ticket sales have been reported inaccurately, according to a person familiar with the matter.

Practitioners share their

Auditing firms will be required to disclose the names of other firms that participated in an audit, starting Friday.

Now is the time to review systems and processes to prevent future trouble.

The needs of these digital natives differ surprisingly from their millennial counterparts -- in fact, they're more like Baby Boomers than anyone else.

The French company that claims to hold the trademarks of the former Big Five accounting firm Arthur Andersen & Co. sent Accounting Today a copy Friday of the lawsuit it filed against Andersen Tax over the rights to the Andersen brand, alleging the use of forged documents and an attempt to obtain court rulings using forgeries.