Accounting

The sofamaker agreed to pay $1.5 million to the SEC to settle allegations that two former executives devised a fraudulent accounting scheme to meet a key Wall Street metric.

Private sector employers added a robust 233,000 jobs in October as annual pay grew 4.6% year over year, payroll giant ADP reported.

Job and wage growth continued at a moderate pace among small businesses in October, likely slowed by the impact of recent hurricanes down south, according to payroll company Paychex.

A proposed ASU would update the guidance on accounting for software, specifically when it comes to developing software for internal use.

Questions have been raised about how Crowdstrike accounted for the deal in its financial statements.

Erica Williams, who began her first term in January 2022, will now helm the Public Company Accounting Oversight Board through Oct. 24, 2029.

Mariel Diaz's accounting practice is custom-made for her exclusively jewelry-industry clients.

Artificial intelligence is transforming how firms manage tax returns, communicate with clients and handle administrative tasks.

Accountants are pretty unhappy with the current political situation.

As Nov. 6 gets closer and closer, the accounting profession is leaning heavily Republican.

The International Public Sector Accounting Standards Board today issued Exposure Draft 92, Tangible Natural Resources.

Intuit announced the launch of the new ProAdvisor Academy, an expansion of the QuickBooks ProAdvisor Program which offers new training, certifications and badges.

The global professional services firm founded by a group of former Arthur Andersen partners has attracted influential economists to its advisory board.

The Public Company Accounting Oversight Board posted a practice aid, comparison document and webinar related to the implementation of QC 1000.

Companies often face the tricky task of producing privileged and confidential information to their independent auditors for audit purposes.

Global confidence among accountants globally declined in the third quarter to its lowest level since 2023, although confidence increased in North America.

The American Institute of CPAs teamed up with the National Association of State Auditors, Comptrollers and Treasurers on a joint report calling attention to the urgent need for accountants in state and local governments.

The Financial Accounting Standards Board has decided to tweak some of its standards related to contract assets and liabilities for construction contractors.

The International Public Sector Accounting Standards Board issued its updated five-year strategy and work program.

The IRS is reminding tax pros to register for or renew their professional ID number by Dec. 31.