Audit

The Big Four firm's U.S. business will instead embark on a $500 million cost-saving program and focus on freeing up capital for investment.

Singapore-based RT LLP was sanctioned for quality control failures, documentation issues, and for failing to file Form AP.

In this month's Cybersecurity for CPAs, we explore just how expensive one single click can be.

The Big Four firm's top leaders halted a planned breakup of the firm after the U.S. affiliate decided not to take part.

The probe by the National Telecommunications and Information Administration will focus on the best methods for auditing AI systems.

The Big Four firm was sued along with underwriters including Goldman Sachs Group, Bank of America and Morgan Stanley over alleged misstatements leading to the bank's collapse.

Tax leaders at companies around the world are predicting the number of tax audits will increase by more than a third over the next two years.

In its new strategic operating plan, the service describes its plans for the new funding it got from the Inflation Reduction Act.

Officials at Dubai's Virtual Assets Regulatory Authority have in recent weeks asked Binance to provide more information on its ownership structure, governance and auditing procedures.

The decision is the harshest regulatory consequence yet for the firm since Wirecard's demise almost three years ago.

Correct accounting, tax preparation and reporting in the cannabis industry requires proper operational setup and processes, expertise and tools.

Companies that went public before the slowdown in the IPO and SPAC markets have been having trouble complying with Sarbanes-Oxley requirements.

IOSCO is encouraging the development of a more global assurance framework for sustainability-related corporate reporting.

The Public Company Accounting Oversight Board voted to update a group of old interim standards it inherited from the AICPA in 2003.

The board levied a $100,000 fine and censured Friedman LLP, a former Top 100 Firm that's now part of Marcum for improper use of Chinese audit firms.

The boards are moving to a new oversight body called the International Foundation for Ethics and Audit.

China will strengthen regulations on the CPA sector, a deputy finance minister told Deloitte after the the Big Four firm was hit by a record fine.

Management at the Brazilian retailer told auditor PwC and its audit committee there were no supply-chain financing ops, but gave securities regulators conflicting information.

Plus, Genius Scan introduces new expense reporting capacities; Xero to retire WorkflowMax; and other news from the accounting technology arena.