Accounting standards

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.

With a vast array of options available, selecting the right software can be overwhelming.

Neither the IRS nor Congress has specifically addressed the tax deductibility of ransomware payments made to hackers, nor has FASB.

The amount shared by the accounting firm's 1,300 U.K. equity partners is broadly the same as last year.

The standard reflects the many changes in technology, communications and business practices since an interim standard was first adopted decades ago.

Cybersecurity and human capital rank as the top risks among internal auditors around the world, according to a new survey.

The board floated a proposal to set requirements for some types of capital assets to be disclosed separately for purposes of note disclosures.

The document aims to help auditors and accountants set up a quality management system at their firms ahead of a 2025 deadline.

The commission appointed a CPA who has served as director of the board's Division of Registration and Inspections.

The Public Company Accounting Oversight Board sanctioned a Deloitte member firm in South America for violating quality control standards.

The firm said its risk controls were inadequate and its board didn't challenge leadership enough, following a months-long independent inquiry into malpractice.