Accounting standards

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.

The international network founded by a group of former partners from Arthur Andersen has unveiled a global valuation practice.

Thought leaders on accounting tech share just what tools and systems a practice has to have today.

The board released an annual update of its ethics code to reflect the latest changes in auditing and quality management standards.

NFPs may not be like the NFL, but they can borrow a page from the playbook to tackle operational and bookkeeping hurdles and score the ultimate touchdown: accomplishing their mission.

The consultancy, created by former partners of the defunct Big Five firm, expects revenue to exceed $1.9 billion this year.

The board issued a proposal to amend its rule for an individual auditor's or firm's contributory liability for knowingly or recklessly contributing to violations.

To start, many firms fail to recognize the difference between driving demand and fulfilling demand.

Software vendors also lauded the board's new cryptocurrency standard as a worthy first step.

Professional accountants continue to be the single most trusted stakeholders in tax in every G20 country, according to a new survey.

Ernst & Young saw one of the biggest revenue increases in its history despite the cancellation of its plan to spin off its consulting practice.