Audit

Medicare will seek about $4.7 billion over 10 years in clawback payments from private insurers that manage its programs under a long-awaited audit rule, a blow to the industry that sets up a likely court fight.

CFOs at some of the U.K.'s largest companies have already complained to the Big Four about the high costs of audits.

Environmental, social and governance reporting is one of the most talked-about opportunities for accountants in years, but what will it look like for your firm?

A sampling of important frameworks, acronyms and more.

Sen. Elizabeth Warren and Ron Wyden want the Public Company Accounting Oversight Board to do more to regulate audits of cryptocurrency companies in the wake of recent high-profile bankruptcies.

The system will include an analysis of up to 20 stablecoins based on the quality of attestations on the reserves backing them.

Plus Valid8 releases automated info-verification software, and other news and updates from the world of accounting technology.

PricewaterhouseCoopers is seeing better results on its inspections by the Public Company Accounting Oversight Board.

The International Auditing and Assurance Standards Board is asking for feedback on a new section of a proposed auditing standard that would cover group audits of less complex entities.

The venture capital firm will work with Ernst & Young on some of these audits and will increase budget allocations to help investee companies put governance guardrails in place.