Accounting June 28, 2025
Nominations Open for 2025 Innovation Awards
The Innovation Awards highlight technologies that are shaping the profession and small businesses through increased collaboration and productivity.
Firm Management March 18, 2024
Deloitte Revamps Structure to Slash Costs in Tough Market
The move will see the Big Four firm reorganize its main business units down to four arms from five, the Financial Times reported.
Firm Management March 15, 2024
Grant Thornton Is the Latest U.S. Firm to Get Into Bed With Private Equity
The seventh-largest accounting firm in the U.S. said it will receive “a significant growth investment” from New Mountain Capital.
Accounting March 14, 2024
AuditBoard and KPMG Partner for Risk Management
Organizations will be able to leverage the combined power of AuditBoard’s award-winning connected risk platform and KPMG’s deep expertise to elevate audit, risk, IT security, and ESG programs...
Accounting March 13, 2024
ADM Seeks to Reassure Investors Amid Accounting Probe
During an earnings call, the company's CEO said the internal problems have not torpedoed the overall financial picture.
Auditing March 11, 2024
Survey Finds the Audit Profession is Growing
After sharp cuts due to the COVID pandemic in 2020 and 2021, significantly more internal audit functions are now increasing their budgets (36%) than are decreasing them (13%).
Financial Reporting March 6, 2024
New SEC Climate Rule Gets a Thumbs Up From the AICPA
The rule “moves us closer to the high-quality reporting that investors, lenders, and other stakeholders require,” the AICPA and CIMA said.
Auditing March 4, 2024
How Auditors Are Seizing the Day with Artificial Intelligence
AI creates an opportunity as accountants can more readily gain access to the data they need, enabling them to shift their focus to professional judgment and using their experience to analyze and examine information.
SEC February 28, 2024
SEC Upped the Ante on Enforcement for Accounting and Auditing in FY 2023
The SEC disclosed 83 accounting and auditing enforcement actions in FY 2023, up 22% from the previous fiscal year.
Auditing February 28, 2024
PCAOB Registration Isn’t a Seal of Approval, Regulator Tells Audit Firms
A proposed rule would limit how audit firms tout their PCAOB registration in marketing to clients and potential clients.
Auditing February 23, 2024
Some Top Midtier Audit Firms Felt the Wrath of the PCAOB This Week
Withum was fined $2 million, while Baker Tilly and Mazars were fined $80,000 and $60,000, respectively, for rules violations.
Accounting February 23, 2024
The Pivotal Role of Audit Professionals in AI Integration
Amid technological advancements, the audit professional's role, characterized by a deep attention to detail, compliance and risk management, is proving to be vital well outside the traditional confines of finance.
Auditing February 22, 2024
Valid8 Financial Launches “Stories” to Accelerate Financial Fraud Investigations
The company’s Verified Financial Intelligence platform provides forensic accounting, legal and government professionals with courtroom-ready evidence for a variety of complex financial investigations and disputes.