Accounting

The Public Company Accounting Oversight Board levied sanctions and $150,000 in penalties against L&L CPAs and three of its auditors.

CLA Global Limited has appointed Paul English as CEO, replacing Sancho Simmonds and Joseph Kask.

Prosecutors alleged that Autonomy used a number of manipulations to make its revenue growth appear better than it was, so vendors would then buy the company's products.

The jobs report blew past expectations, although the unemployment rate ticked up to 4%.

Officials discussed some of the latest accounting standards and advice for auditing firms during a USC and FEI conference.

The practice aid provides information on auditing the valuation of cryptoassets and audit procedures surrounding their existence, rights and obligations.

The U.S. Fifth Circuit Court of Appeals in New Orleans sided with the private funds industry, which argued that the agency overstepped its authority.

The jobs market showed signs of a slowdown last month as the private sector added 152,000 jobs in May, while annual pay grew 5% year over year, ADP reported.

As the profession takes on more and more roles, it's getting harder and harder to define what, exactly, an "accountant" is.

Restocking the accounting profession's talent pipeline is everyone's responsibility, says the National Pipeline Advisory Group.