Accounting standards

The Chartered Institute of Internal Auditors is advising businesses to prepare for further disruptions as the war drags on.

A handful of predictions about the biggest changes the profession will have seen by 2033.

Businesses are changing how and when they sign new leases as workplaces grow smaller, more employees work remotely and new lease accounting standards come into play.

The move signals continued concerns about data security even after Beijing reached a landmark deal to allow U.S. audit inspections on hundreds of Chinese firms listed in New York.

The board increased its enforcement activity significantly in 2022 and levied record-setting penalties.

The British cybersecurity company has hired the Big Four firm to review "key financial processes."

IOSCO has suggested it would be unreasonable to penalize companies that aren't immediately able to get the data they need to report their complete carbon footprints.

The new standard requiring all leases longer than 12 months to be recorded on balance sheets is now in effect for nonpublic companies with a fiscal year beginning after Dec. 15, 2021. Are you prepared?

The board voted to provide a practical expedient for when companies have related-party arrangements between entities under their common control.

Americanas sought bankruptcy protection after its shares tumbled 77% in one day and dollar bonds sank to 15 cents on the dollar following the reporting of the massive accounting hole.

The IIA's president and CEO sees the proposed confirmation standard as an 'unnecessary swipe' at internal auditors.

The international network of audit, tax and advisory firms reached €2.45 billion ($2.6 billion) in total fee income.

In his first public comments about his involvement in an episode that wiped out billions of euros in shareholder value, Braun spoke of a "day of shock and pain."

Net zero pledges made by some of the world's largest corporations fall far short of the progress required.

The Indian billionaire seeks to rebuild investor confidence in the wake of a bruising short-seller attack accusing his companies of accounting fraud.

The institute has released a guide to help auditors deal with a new standard on assessing the risks of a material misstatement.

The $4 billion accounting shortfall would typically raise alarm bells for an auditor. Somehow, a PricewaterhouseCoopers LLP affiliate didn't catch it at Americanas SA.

Twitter Inc.'s U.K. unit failed to report its 2021 corporate finances by a December deadline, the government's public registry said.

The Institute of Internal Auditors is pushing back against part of a proposed new standard on audit confirmations from the Public Company Accounting Oversight Board.