Accounting

The SEC approved the PCAOB's QC 1000, which will require firms to identify risks to their practice and design quality control systems that can safeguard against those risks.

The annual list recognizes thought leaders, decision-makers, standard-setters and others who are shaping the future of the profession.

Unlike the U.S., where the federal government can offer tax breaks, EU taxation rests with member states, leaving the bloc to work largely through loans and grants.

One of the most closely watched jobs reports arrived ahead of a Federal Reserve decision on interest rate cuts.

Nicholas Bowerman was charged with manipulating Circor's internal accounting records, resulting in the company to overstate its financial performance by millions of dollars.

Only about a quarter of CPA business executives expressed optimism about the prospects for the U.S. economy over the next 12 months, down from more than a third last quarter, according to a new survey.

Disclosures of critical audit matters are fueling investment decisions, according to a study by the Center for Audit Quality.

PricewaterhouseCoopers resigned as auditor for defaulted developer Country Garden Holdings, as both firms navigate challenges to keep operations afloat in China.

Annual pay grew 4.8% year-over-year, payroll giant ADP reported Thursday, as the job market showed further signs of a cooldown.

The Massachusetts Society of CPAs teamed up with the Indiana Society of CPAs, the Tennessee Society of CPAs and CPA Crossings to highlight the competencies deemed essential for aspiring CFOs.

Hourly earnings growth for workers at small businesses dropped to 2.89% in August, Paychex reported Tuesday, the first time growth has been under 3% since January 2021.

The International Auditing and Assurance Standards Board 2023-2024 Handbook includes ISA 600 and ISA for LCE.

Olli Zeidler was one of 10 Deloitte professionals who competed at the 2024 Olympics and Paralympics.

The company was hit with a $24 million penalty as a result of an accounting scheme designed to inflate earnings.

Sage's new generative AI Copilot solution, set for U.S. release later this year, is meant to make powerful automation capacities more accessible.

Auditors face increasing challenges in evaluating how organizations estimate and report credit losses.

The document will be available for comment on the International Financial Reporting Standards website.

Intuit and nonprofit Education at Work announced a pilot program to employ college students at TurboTax, helping them gain experience while earning tuition money.

Shipbuilder Austal USA and its parent company agreed to a $24 million civil penalty to settle fraud charges by the Securities and Exchange Commission.

The Institute of Management Accountants debuted a corporate membership program Tuesday that provides training and resources for teams in organizations.