Audit & Accounting

As the assumptions underpinning Valeant's growth story quickly unravel, attention has quickly turned to the company's accounting and its deviation from standardized accounting measures.

The International Federation of Accountants has published a paper calling for more “integrated thinking” by accountants.

S&P 500 companies are being more transparent about how their audit committees are choosing and paying audit firms.

The American Institute of CPAs’ Financial Reporting Executive Committee has released for comment working drafts of revenue recognition implementation issues it has identified for the aerospace and defense industry and the investment asset management industry.

Expense management software developer Certify has released its annual list of the most eye-opening business expenses submitted by travelers in the past year.

The Securities and Exchange Commission adopted final rules Friday to allow companies to offer and sell securities through crowdfunding.

Reporting of non-financial performance data is a problem for more than half of nonprofits, according to a new survey.

The vast majority of companies are not prepared for the major changes in accounting and business operations required by the new revenue recognition standard, according to a new survey.

The Association of Chartered Certified Accountants and the Institute of Management Accountants held a panel discussion at St. John’s University in New York on Wednesday evening to discuss how accountants and C-suite executives need to manage business risks.

IBM’s Ginni Rometty is grappling with the second federal probe into revenue recognition in as many years—evidence of the accounting challenges technology companies like hers face as they shift from selling hardware to software services.