Audit & Accounting

The ride-sharing app Uber is showing up more than taxis on employee expense reports, according to a new analysis.

The International Auditing and Assurance Standards Board has release its revised International Standards on Auditing to provide more focus on financial statement disclosures.

XBRL US has begun a public exposure period for rules developed by its Data Quality Committee, which aims to improve the quality of financial filings using the interactive Extensible Business Reporting Language format mandated by the Securities and Exchange Commission.

A 94-year-old man who was once a Waffen SS volunteer at Auschwitz was convicted for aiding in the murder of more than 300,000 Jews at the camp and sentenced to four years in prison.

Over the course of more than 40 years in practice and teaching both undergraduate and graduate accounting students, I have encountered some interesting, sometimes humorous definitions of some basic accounting terms.

Deloitte & Touche chairman and CEO Joe Ucuzoglu, who leads Deloitte’s audit practice, is preparing the firm for the audit demands of the future, with the help of sophisticated technology.

An accountant who helped Bernard Madoff fudge trading records to cover up fraudulent transactions in the biggest Ponzi scheme in U.S. history won’t be going to prison.

Over the years there has been no lack of TV series about the legal and medical professions, but for some reason the accounting profession has received relatively little attention. We think that should change and we have a few suggestions.

No doubt there are many fans of science fiction and fantasy among accountants, but what’s surprising is how many accountant characters there are in the genre.

The Financial Accounting Standards Board has voted to defer the effective date of the revenue recognition standard for one year.