Audit

Accounting firms are less important than the partner leading the team in terms of the impact on the business's effective tax rate and the probability it will face an audit.

While companies are working in overdrive to fill accounting positions, they are finding themselves up against a confluence of factors.

Even without formal standards, professionals are still finding ways to examine and test AI.

The Securities and Exchange Commission adopted new rules and amendments aimed at tightening the regulation of private fund advisors.

You got your taxes filed by the skin of your teeth last year and before. But what if you're audited? What if you need a loan? Are you ready?

It also imposed $150,000 in fines, for failures of independence and professional skepticism, and for not cooperating with a board investigation.

The London-based auditor gave a clean bill of health to a music streaming company that wildly overstated its revenue.

The suggestions in board chair Erica William's recent Wall Street Journal op-ed could have troubling ramifications for auditors and their clients.

The board continues its aggressive approach to oversight, announcing several hundreds of thousands of dollars in penalties on several auditors in a single week.

The head of the board views the recently proposed standard for sustainability reporting assurance as a way to make those reports more verifiable.