Accounting

An early pioneer in the ESOP space, Katz, Sapper & Miller now advises clients on the alternative business structure.

Despite suggestions to the contrary, audits remain valuable and serve a grander purpose.

The Financial Accounting Foundation is reviewing the effectiveness of the Private Company Council, the group that advises the Financial Accounting Standards Board about the perspective of privately held companies.

Complex transactions in this industry can trigger accounting and reporting issues that may result in SEC letters, restatements and challenging conversations with investors.

While most accountants are aware of the reporting requirement, the majority of business owners are likely to be, at best, dimly aware of them.

The Public Company Accounting Oversight Board is proposing a new rule to prevent auditing firms from making false or misleading statements about being registered or overseen by the PCAOB.

One high point of the trial was the testimony of Oliver North, who said that in 2019 he pushed for an outside audit of the NRA's finances but longtime leader Wayne LaPierre refused.

It's not just the 150-hour rule for obtaining a CPA license that may be the culprit for the talent shortage, according to an academic study.

Most companies are providing some disclosures about their sustainability efforts, but not as many are getting assurance on their numbers from auditing firms.

If you audit or manage a startup company or other privately held business, don't overlook the treatment of stock-based compensation.

The Public Company Accounting Oversight Board levied a $2 million fine against WithumSmith+Brown for violating quality control rules.

The Securities and Exchange Board of India found that about 20 billion rupees may have been diverted from the entertainment company.

The Public Company Accounting Oversight Board levied sanctions and penalties against four auditing firms as part of a sweep.

There are many myths flying around the internet about how niching down can harm your firm. They're false.

Despite the recent pushback in the U.S., many companies — roughly 90% in a survey by KPMG — plan to dedicate more resources to ESG over the next three years.

The existing guidance directs public companies, including banks, to count crypto they custody as liabilities on their corporate balance sheets.

Helping clients comply with the Corporate Transparency Act's reporting requirements represents an opportunity for accountants.

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.