Accounting standards

The board has revised its standard-setting, rulemaking and research agendas for the year ahead after a series of unprecedented changes this past year.

The Top 10 Firm has been building its international network since last year, with further expansion plans as it begins to roll out AI technology.

The outcomes of this project will provide a clear-eyed vision of how we move the profession forward and collectively elevate the value of internal audit in the years ahead.

Partners at the Ernst & Young in the U.K. saw their share of profits drop for the first time in three years as the Big Four face economic uncertainty.

George Botic succeeds the commission's longest-serving member, Duane DesParte, whose second term ended Tuesday.

The NFRA has requested files and communications related to S.R. Batliboi's audits on some companies going as far back as 2014, sources said.

These services can provide organizations with insight, guidance and expertise to support in-house teams or serve as a fully outsourced team.

The accounting firm will use artificial intelligence to consult on complex matters in tax, legal and human resources.

The real estate company has been trying to hire a new auditor since its previous one, KPMG, quit in May last year.

The ACCA, IFAC and the INTOSAI Development Initiative are teaming up on guidance on sustainability reporting and assurance for the public sector.

The telecommunications company replaced Deloitte as its auditor with KPMG International. The decision was questioned by shareholders.

A lawyer questions whether expanded regulatory enforcement powers will lead to better-quality audits.

Sustaining post-day two compliance requires a rigorous focus on optimizing processes for ongoing management of lease accounting data and entries.

The Task Force on Climate-related Financial Disclosures is seeing more than half of companies issuing at least a handful of the disclosures it recommends.

The PCAOB released a report that found 42% of auditing firms got at least one quality control criticism related to engagement quality reviews.

"These findings are damning," Jon Holt, CEO of KPMG in the U.K., said. "It is clear to me that our audit work on Carillion was very bad."

The changes aim to make the ESG rules more relevant to a global audience.

Whether a qualified, disclaimer or adverse opinion is given depends on the nature and scale of the problem, and some states had lots of problems.

The board is incorporating some of the commission's disclosure requirements into its Accounting Standards Codification.

The international public-sector accounting board released its proposed consultation paper for its strategy and work program over the next five years.