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Three former executives engaged in improper revenue recognition practices that inflated the company's earnings.
June 29
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C-suite executives are planning major investments in AI capabilities for their tax function, with 40% saying they plan to spend $10 million or more.
June 28
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The U.S. Small Business Administration disbursed up to $200 billion in potentially fraudulent EIDL and PPP funds, but that amount was disputed in a separate report by the SBA itself.
June 28
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The Information Technology Alliance has picked a new president: Geni Whitehouse, who currently leads the Impactful Advisor.
June 28
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Organizations are not making a priority of examining their corporate culture, although some internal auditors are doing that to deter corporate malfeasance, according to a new report.
June 27
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The board proposed an update to improve the accounting for purchased financial assets, including those acquired in a business combination.
June 27
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KPMG is reducing headcount further after earlier layoffs this year, cutting approximately 5% of its U.S. employees.
June 27
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Contrary to expectations, a study says that remote workers are actually more cybersecurity conscious than their on-site counterparts.
June 27
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The board wants to address the greater use of technology by auditors, especially when it comes to analyzing information in electronic format.
June 26
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The board finalized its first two standards on general requirements for disclosure of sustainability-related financial information and climate-related disclosures.
June 26
