Accounting

A lawyer questions whether expanded regulatory enforcement powers will lead to better-quality audits.

The AICPA's CEO of public accounting explains why the profession's future is much brighter than some would have you believe.

Sustaining post-day two compliance requires a rigorous focus on optimizing processes for ongoing management of lease accounting data and entries.

With the number of freshly minted accounting graduates dwindling and the consumer price index still rising, the law of supply and demand is driving up salaries.

The profession needs to proceed cautiously with anything that might impact accountants' ability to practice across state lines.

The more than 71 million people receiving benefits will get the smallest gain since 2021, reflecting a significant cooling in inflation.

The Task Force on Climate-related Financial Disclosures is seeing more than half of companies issuing at least a handful of the disclosures it recommends.

The PCAOB released a report that found 42% of auditing firms got at least one quality control criticism related to engagement quality reviews.

"These findings are damning," Jon Holt, CEO of KPMG in the U.K., said. "It is clear to me that our audit work on Carillion was very bad."

The number of students earning accounting degrees keeps falling, according to the latest figures released by the American Institute of CPAs.