Accounting

The Chinese real estate company's revenue overstatement dwarfs that of Luckin Coffee Inc. and Enron Corp., dealing a blow to the reputation of its former auditor PricewaterhouseCoopers and the country's financial oversight.

PICPA believes the PCAOB's Non-Compliance with Laws and Regulations proposal is disconnected from the realities of the auditing profession and will impose undue strain on an already thinly stretched workforce of CPAs.

A federal court has temporarily halted the Securities and Exchange Commission's climate-related disclosure rule in response to a lawsuit from a pair of fracking companies.

Big Four firm Deloitte is looking to overhaul its structure to cut costs ahead of a market slowdown, according to the Financial Times.

It would cap a remarkable downfall for Mike Lynch if he's convicted of accounting fraud after he sold his startup Autonomy to Hewlett Packard for $11 billion.

A growing number of CEOs have been attaining the CFO job, with a record number of them reaching the top rung at the biggest companies last year.

By requiring tenants to retain an independent CPA firm to perform a similar review of the same data, the landlord is all but controlling the outcome.

The International Accounting Standards Board hopes to enhance the information provided by companies to their investors about acquisitions under IFRS.

Zach Donah, the new CEO of the Massachusetts Society of CPAs, has big plans for the organization.

This new standard changes the game for auditors to make risk assessments even more effective.

Affected businesses may turn to their accountants for help, but are firms the best source to help clients report beneficial ownership information to the feds?

The Praxity Alliance of independent accounting firms reported revenue of $9.7 billion in 2023, an 11% increase over 2022 at constant exchange rates.

Nonprofit development and accounting departments are working toward the shared goals of sustainable growth and accomplishing their mission.

The firm will make 329 roles redundant, while as many as 37 partners will be accelerating their retirement over the next nine months.

Company leaders think their employees and customers trust them more than they actually do, according to PwC's Trust Survey.

Despite a later start, tax filing is proceeding apace — though there are some unresolved issues.

While every company is different, there are 12 operational areas distressed businesses often miss, which can foretell a deteriorating financial condition.

The internal audit function is gaining more people and funding, according to a new survey released Monday.

The Financial Reporting Council is considering either Canary Wharf or Stratford for its new main office.

A bill backed by the Minnesota Society of CPAs that would ease the path to a CPA license has moved forward in the Minnesota Senate.