Audit

With a few notable exceptions, the last three months of the year were slow for auditors attempting to land new Securities and Exchange Commission engagements.

Gavin Patterson sought to distance himself from an accounting scandal that’s rocked the U.K. phone company, pointing the blame squarely on a few rogue employees and removing the head of European operations.

International Ethics Standards Board for Accountants finishes the first phase of its project for restructuring the Code of Ethics for Professional Accountants.

American Institute of CPAs chief gives his views on the prospects for change in Washington during the Trump administration and in the accounting profession.

Firm highlights its latest advances in audit, tax, analytics and consulting at its New York offices.

1Malaysia Development Bhd. has tapped Parker Randall almost a year after Deloitte LLP notified the state investment company that it planned to resign.

The company has released a special report, “Four Ways to Avoid Audit and Attest Deficiencies.”

Public Company Accounting Oversight Board provides answers from staff members to questions about the obligations of registered firms when auditing in Mainland China.

Many firms are offering estate planning or wealth management services, but ironically, a lot of CPAs aren’t necessarily ready for their own retirement.

The board member submitted his resignation to the SEC on Friday, Dec. 23, almost two years before the end of his appointed term.

Instead of random Christmas fowl and fruit trees, BKR International has a dozen seasonally appropriate reasons your clients should seek your attest services.

Investors and regulators will benefit from a new Public Company Accounting Oversight Board regulation requiring firms to disclose the lead engagement partner on an audit, according to a new academic study.

The Public Company Accounting Oversight Board is disciplining Deloitte Accountants NV, imposing a civil monetary penalty of $300,000 on the Netherlands member of the Deloitte Touche Tohmatsu Limited network.

Document can help audit committees evaluate how far along their companies have come.

The Committee of Sponsoring Organizations of the Treadway Commission, also known as COSO, has introduced a self-study, on-demand learning program for attaining the COSO Internal Control Certificate.

The Securities and Exchange Commission said Thursday that its enforcement director, Andrew J. Ceresney, plans to leave the SEC by the end of the year.

The Governmental Accounting Standards Board has published guidance for state and local governments on the subject of liabilities known as “asset retirement obligations.”

After months of sluggishness, a recent uptick in M&A activity could mean zero-based budgeting is having its own moment in the spotlight. A form of budgeting that scrutinizes costs across every part of the business, ZBB often comes into its own in the wake of an M&A deal.

Accountants are no different than anyone else at the company during holiday time. We get swept up in heartwarming nostalgia when we hear holiday music, smell and taste delicious baked goods, and are invited to extend our lunch hours or leave the office early to get our shopping done before the crowds.

For professionals in the accounting and finance professions, any changes to accounting standards usually lead to some apprehension as these rules require companies to make key adjustments, expand disclosure practices and implement new procedures for recording various financial metrics.