In his recent The CPA Journal editorial “Private Equity and the Ethics of a Profession,” Richard Kravitz addressed the recent ...

In a statement, the AICPA said it believes that healthy oversight of accounting firms performing audits of public ... five-step revenue recognition process outlined in FASB ASC Topic 606, as well as ...

Audit has always been a profession steeped in precision and consistency, but when it comes to how we manage knowledge, the tools haven't always kept up.

Changes have been proposed by the House Financial Services Committee related to PCAOB inspection and enforcement activities ...

The International Auditing and Assurance Standards Board is proposing to tailor its standards to align with recent additions ...

New guidance for nonprofits receiving federal grants is largely good news, but careful attention to reporting requirements are necessary ...

The company has also agreed to non-financial penalties including a severe reprimand and a root-cause analysis report.

The UK’s Financial Reporting Council (FRC) is investigating accounting firm EY for its auditing of the Post Office during the ...

ACCA urges the FRC to adopt a focus on complexity over size for SME audit regulations, calling for global consistency and ...