Audit

The lawsuit, filed by a Florida-based public pension fund, appears to be the first targeting the bank since it was crushed in early March by unprecedented outflows.

A new report reminds auditors of the need to critically assess their own firm's capabilities and get a better understanding of the company they're auditing.

Many advisors have clients who took out the forgivable loans. Some wealth management firms did the same. Three years after the government doled out more than $800 billion in mostly-free cash, here's what's happening.

The board issued a staff report warning of high rates of deficiencies at special purpose acquisition companies.

Inspectors with the board listed their top priorities for inspections this year in a new staff report.

The service wants to hire more accountants, lawyers and other professionals to focus on high-income taxpayers and large corporations.

Plus, Nova Technology announces blockchain-powered credit management; and other accounting technology news.

At the time of the audit failures, Luceco was the parent of a group of companies producing lighting products and wiring accessories.

Former commissioners weigh in on the details of the Strategic Operating Plan and how the agency will spend its $80 billion.

Supporting the growth of small auditing firms could help advance the field.

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.