Accounting

The International Ethics Standards Board for Accountants has proposed new rules to help auditors steer companies away from greenwashing.

With almost 13% of full-time employees working remotely, and 28.2% in a hybrid arrangement, accounting firms are coming to see the importance of adapting to the new working environment.

The IRS is warning practitioners about a tactic that recurs every tax season.

Current loans at EYGS LLP — the entity that provides services to the network's member firms — more than tripled from a year earlier to $983 million as of June 30, 2023.

The 150-hour requirement for obtaining a CPA license has led to a decline in Black and Latino CPAs of up to 26%, according to a research study.

The short report by Muddy Waters accuses Fairfax of manipulating asset values to the point that a "conservative adjustment" would reduce its book value by roughly $4.5 billion.

The international network's revenue reached $5.2 billion for the fiscal year ended Dec. 31, 2023.

New rules will require firms to provide more details with watchdogs, including investments, borrowing and counterparty exposure.

A Seoul court cleared Samsung Electronics Executive chairman Jay Y. Lee of all charges including stock-price manipulation and accounting fraud.

The Treasury's Financial Crimes Enforcement Network hopes to deter money laundering in the residential real estate industry with a newly proposed rule.