Audit

Steinhoff International Holdings NV pushed back the dates for the publication of audited earnings for 2017 and 2018 after the findings of a forensic probe by PwC made the process more time consuming and complex.

Even if House Democrats get their hands on Donald Trump’s tax returns, many of their biggest questions about the president’s finances will probably go unanswered.

The Center for Audit Quality has released an updated version of its tool for audit committees to address recent changes in accounting standards and potential areas of risk.

Firms should be forced to legally separate their “cash cow” consulting work from their auditing businesses, a U.K. Parliament committee said.

When you don’t have real-time reporting on firm management metrics, utilization can be tricky to gauge.

Prosecutors recorded a phone call in which William Singer said his charity was being audited and the parents should tell the IRS their contributions were for needy children.

The Internal Revenue Service needs to do a better job of managing its employees in the wake of budget cuts that have forced the IRS to severely reduce tax audits, or else it could be putting its mission at risk, according to a new report from the Government Accountability Office.

The institute also released guidance on auditing prior-period financial statements.

These red flags always draw the IRS’s attention.

Failure to establish nexus may undermine a bid for research and development tax credits.

Vulnerability to fraud can pose a catastrophic risk to any company, but to a small business, it can mean life or death.

New research suggests that when auditors are sick with the flu, the quality of their work declines.

Data-driven technology has the power not only to revolutionize the profession, but also to provide greater insight and analysis.

Three pieces of guidance outline new requirements for companies to disclose CAMs in their audit reports.

Steinhoff International Holdings NV plans to dig deeper into the accounting misdeeds that brought the retailing giant to its knees as it seeks to get to the bottom of some $7.4 billion in fictitious or improper deals.

PricewaterhouseCoopers has settled with the Federal Deposit Insurance Corporation for $335 million over its audits of Colonial Bank, which failed in the midst of the financial crisis.

When it came to snagging new engagements, mergers made a major difference for many auditing firms.

The German payment processor’s Indian business became a focus point again and a Citigroup analyst said the company faces prolonged uncertainty because of the accounting allegations it’s facing.

The board is giving companies an overview of some of the key areas it will be looking at during upcoming audit firm inspections.

Regulators in some Asian countries are getting tougher on auditors after landmark defaults, in an increasingly high-stakes game as investors call for earlier warning signs amid expectations for debt failures to mount.