Audit & Accounting

An auditor’s mindset distinguishes a great accountant from an average one. The mindset involves really looking at items and not just checking them off. Believe it or not, I developed this by watching ballet.

As an accountant for a public company, you’ve always dreaded this situation. You are going about your day-to-day duties in finance and stumble upon a problem with your employer’s accounting—a serious problem.

The Public Company Accounting Oversight Board has entered into a cooperative arrangement with Luxembourg’s audit regulator, the Commission de Surveillance du Secteur Financier of Luxembourg, relating to the oversight of audit firms subject to the regulatory jurisdictions of both regulators.

U.S. Securities and Exchange Commission Chair Mary Jo White is facing pressure to recuse herself from picking the next head of the regulator that polices accountants because of a potential conflict with her husband’s legal work.

How proactive accounting can help deter activist campaigns

The Institute of Management Accountants has published a new Statement on Management Accounting on Implementing an Effective Risk Appetite to help businesses identify their key risk exposures.

The Securities and Exchange Commission imposed sanctions Thursday against a Florida-based CPA for performing deficient and fraudulent audits and quarterly reviews for eight publicly traded companies, and issuing false and misleading audit opinions on the companies’ annual financial statements.

Investors place the greatest trust in independent auditors, according to a new survey by the Center for Audit Quality.

The Association of Chartered Certified Accountants has teamed up with the United Nations Children’s Fund in an effort to show companies how to improve children’s rights around the world, while also expanding its efforts to educate accountants in the U.S. and abroad.

Pressures are growing quickly around the world for internal auditors who work in the financial services industry, according to a new report.