Accounting

The former president wanted to get higher on the Forbes billionaires list and save a fortune on loan terms by overvaluing his properties, according to evidence previewed for a packed courtroom.

When inflation is high, industry professionals turn to inflation accounting strategies to increase accuracy in financial analysis and reporting.

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 New York judge who ruled the former president committed fraud by inflating the value of many of his assets also authorized AG Letitia James to cancel certificates for companies that hold those assets.

The American Institute of CPAs expressed strong support for bipartisan legislation that would establish the accounting profession as a STEM career pathway.