Accounting

The new firm will be led by KPMG's U.K. CEO, Jon Holt, while Stefan Pfister, currently the boss of the Swiss arm, will become deputy CEO.

Accounting needs to evolve in order to face a new reality.

The American Institute of CPAs elected the managing partner of AAFCPAs as its next chair.

The Center for Audit Quality wants the Public Company Accounting Oversight Board to postpone sending two of its newly approved standards, on quality control and auditor responsibilities, to the SEC for final approval.

The long-time head of the AICPA — and one of the foremost leaders of the profession — will step down on Dec. 31

Large companies are bolstering their adjusted earnings per share by excluding items such as litigation expenses and amortization of intangible assets from their net income.

The Governmental Accounting Standards Board is getting ready to roll out new rules and proposals for state and local governments.

"If we don't diversify, we're not going to have enough CPAs," said INCPAS president and CEO Courtney Kincaid.

The Audit Reform Lab published a report analyzing Britain's audit industry after high-profile corporate collapses and criticism.

While being a camp counselor is a rite of passage for many college students, it's not an obvious prerequisite for a career in audit. But it should be!

The Illinois CPA Society's "Re-Decoding the Decline" report shows that time is the top barrier to CPA licensure, not the 150 credit-hour rule.

The American Institute of CPAs' Auditing Standards Board voted to approve a set of revisions to the rules for attestation engagements to align them with the AICPA's quality management standards.

SMBs and their financial advisors have deep concerns about the impact of bribery and corruption, according to a new survey.

The National Pipeline Advisory Group identified six recommendations based on survey data to a address accounting's talent shortage, including rethinking CPA licensure requirements.

Tax professionals will need to take extra steps to get access to certain systems and information.

The Public Company Accounting Oversight Board updated its standard-setting, research and rulemaking agendas to reflect recent progress on modernizing the its older standards and rules.

The Top 100 Firm has been increasing its workforce and footprint despite talent shortages, growing 17% in the first quarter of the year.

The Public Company Accounting Oversight Board approved two new standards, on systems of quality control and the general responsibilities of the auditor.