The claimants allege that KPMG “failed to maintain independence and an appropriate attitude of professional skepticism" in the insolvency of Dubai private-equity firm Abraaj Group.

The Climb Fellowship program will give mid-career accounting professionals the chance to develop leadership skills and connect with a community of their peers.

The world’s richest person has disposed of more than 4.5 million shares so far this week.

The software developer's annual user conference kicked off with a look at future capabilities.

The institute joins two other groups in withdrawing because of the involvement of officials from Myanmar.

The Financial Accounting Standards Board voted Wednesday against deferring the lease accounting standard for a third time for private companies and not-for-profit organizations.

The Top Eight Firm has named the leader of the firm’s consulting practice, Brian Becker, as its next MP and CEO.

Audit committees at public companies have been upping the amount of disclosures they have been providing in proxy statements, especially when it comes to cybersecurity and non-audit services.

Internal auditors are keeping a close eye on emerging risks as the COVID-19 pandemic continues, with cybersecurity at the top of the priority list.

A major IRS enforcement boost will likely be omitted from a forthcoming top-line revenue estimate of Democrats’ tax-and-spend package.