Accounting

Prosecutors sought a five-year prison sentence along with a fine on charges of stock-price rigging and accounting fraud.

The Top 25 Firm based in New York has added a firm headquartered in Wakefield, Massachusetts, expanding Marcum's government client base in New England.

The Illinois CPA Society and its CPA Endowment Fund have begun accepting scholarship applications for the 2024-2025 academic year.

The jobs report far surpassed most economists' expectations, but the unemployment rate held steady at 3.7%.

Bribe payments by the oil-trading giant were facilitated by an accounting system that allowed employees to skirt internal controls.

AICPA chief Barry Melancon discussed the tax extenders bill that's working its way through Congress, and a host of other issues affecting the accounting profession.

Audit reports contain significant, material information, argues accounting educator J. Edward Ketz.

The Las Vegas-based franchising company that works with other franchises is extending its reach nationwide.

Hourly earnings growth for employees is slowing, even as job growth continues, according to a new report from Paychex.

Private sector employers added 107,000 jobs in January as annual pay grew 5.2% on a year-over-year basis, payroll giant ADP reported.

The international network has signed up five collaborating firms in Argentina, Chile, Colombia and Mexico.

The Public Company Accounting Oversight Board staff report offered insights into the PCAOB's inspection program for auditors of broker-dealers and issues with professional skepticism and low-ball fees.

Accountants and tax pros need to take steps to protect themselves as they start the countdown to April 15.

The Korean internet and messaging powerhouse has hired a law firm to probe SM's books at the request of Kakao board's audit committee

The Public Company Accounting Oversight Board also permanently barred a sole practitioner in New York.

The Global Reporting Initiative published a major update to its standard for disclosing impacts on plant and animal species.

The division of Archer-Daniels-Midland that's under investigation for its accounting practices is responsible for less than 10% of the crop giant's revenue. Yet it's had an outsized influence on recent executive bonuses.

The agency is adding new financial reporting and accounting requirements for SPAC deals.

Global fee income for accounting and audit services increased 15% to $3.6 billion, while RSM's tax revenues jumped 17% to $2.6 billion.

The Financial Accounting Foundation has overhauled the website for the Financial Accounting Standards Board, with new websites in the works for the Governmental Accounting Standards Board and the FAF itself in the weeks ahead.