Audit

Finance leaders are under pressure to better manage margins and earnings performance, cash flow and cybersecurity, according to a new survey.

The Public Company Accounting Oversight Board has released a report on its 2014 inspection of KPMG LLP, finding deficiencies in 28 of the 52 audits it reviewed.

The International Organization of Securities Commissions is encouraging audit firms to be more transparent to investors about their practices by producing a new kind of report.

Toshiba Corp. sued three former presidents as the maker of personal computers and power plants tries to recover from accounting irregularities that have led to profit write-downs of more than $1.2 billion over almost seven years.

A key accounting safeguard intended to protect U.S. investors who buy shares of Chinese companies is close to unraveling.

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A new study predicts the Securities and Exchange Commission’s final regulations on clawbacks of incentive based compensation for corporate executives could backfire and only encourage companies to avoid the kinds of financial restatements that might trigger a clawback.

To Paul Pacter: It's the ends that matter, not the means

As the assumptions underpinning Valeant's growth story quickly unravel, attention has quickly turned to the company's accounting and its deviation from standardized accounting measures.

The International Federation of Accountants has published a paper calling for more “integrated thinking” by accountants.

S&P 500 companies are being more transparent about how their audit committees are choosing and paying audit firms.

The American Institute of CPAs’ Financial Reporting Executive Committee has released for comment working drafts of revenue recognition implementation issues it has identified for the aerospace and defense industry and the investment asset management industry.

Expense management software developer Certify has released its annual list of the most eye-opening business expenses submitted by travelers in the past year.

The Securities and Exchange Commission adopted final rules Friday to allow companies to offer and sell securities through crowdfunding.

Reporting of non-financial performance data is a problem for more than half of nonprofits, according to a new survey.

The vast majority of companies are not prepared for the major changes in accounting and business operations required by the new revenue recognition standard, according to a new survey.

The Association of Chartered Certified Accountants and the Institute of Management Accountants held a panel discussion at St. John’s University in New York on Wednesday evening to discuss how accountants and C-suite executives need to manage business risks.

IBM’s Ginni Rometty is grappling with the second federal probe into revenue recognition in as many years—evidence of the accounting challenges technology companies like hers face as they shift from selling hardware to software services.

The American Institute of CPAs’ Auditing Standards Board has issued a new auditing standard on internal control and an interpretation related to the sustainability financial statements used by the government for long-term projections of social insurance programs.

South Korea will draw up measures to increase transparency to the accounting methods used by construction and shipbuilding companies to prevent them from running up huge losses when projects are delayed.