Financial reporting

A KPMG survey found 72% of companies are using AI in their financial reporting process to some extent, and executives expect auditors will start examining controls around the technology.

The accounting snarls add to the struggling electric-vehicle maker's issues with cash burn and sluggish auto sales.

A hearing on Capitol Hill reveals some of the problems with the act, and why we may see 'massive' noncompliance.

The Los Angeles-based boutique investment bank's audit by Marcum cited multiple material weaknesses in the company's reporting, and some of the previously reported data was revised.

Companies are increasingly prioritizing disclosures around cybersecurity, executive compensation clawbacks and more.

BEPS Pillar Two will affect a significant number of companies by establishing an effective global minimum tax rate of 15%.

Short-seller Hindenburg had alleged 'major irregularities' and 'manipulated earnings' at the Swiss fintech.

The new standard represents one of the biggest changes to IFRS in decades.

Allen Weisselberg admitted to falsely testifying about his role in the valuation of assets the state proved at trial had been inflated for years to get favorable terms on loans.

Ongoing court cases and questions about whether accountants can actually work on BOI reporting make the Corporate Transparency Act a source of serious confusion.