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.
Accounting February 9, 2023
AuditFile Partners with AuditClub for Audit Efficiency and Quality
New AuditFile software feature helps firms connect with AuditClub fractional auditors to complete audits and reviews under tight deadlines
Accounting February 7, 2023
IIA Opposes New PCAOB Standard Proposal’s Anti-Internal Auditor Language in Comment Letter
The comment letter notes that the proposed change in the standard is presented without any apparent explanation or evidence for the need for such a change.
Auditing January 25, 2023
New AuditClub Passes Help CPA Firms and Companies Find Talent
AuditClub, the Audit Service Center and creator of the innovative auditors-as-a-service model, has announced new and enhanced weekly passes that allow members to subscribe to AuditClub professionals with ...
Accounting January 23, 2023
New Approaches to Audits Gain Ground
With markets changing and capital becoming more constrained by the day, there is a rapidly heightened awareness of the role that due diligence and audits play.
Accounting January 18, 2023
The Parallel Problems of Public Accounting & Major League Baseball
After reading former MLB manager Joe Maddon’s recent book, The Book of Joe – cowritten with Tom Verducci –it struck me: The plight of the public accounting industry is not unlike that of Major League Baseball.
Accounting January 17, 2023
The Impact of New Lease Standards on Debt Covenants
Debt covenants are restrictions that lenders such as banks and other creditors include in their lending agreements to limit the borrower’s actions.
Accounting January 16, 2023
Changes Seen in Audit Committee Composition Amid Expanded Scope and Emerging Risks
Corporate boards are taking a fresh look at their audit committee structures and practices in light of emerging corporate reporting areas and increased risks...
Accounting January 11, 2023
Paul Munter to Take Over as SEC Chief Accountant
Munter, who joined the SEC in 2019, has served as acting chief accountant since January 2021.
Firm Management January 10, 2023
RSM US Unveils 2023 Class of 109 New Partners and Principals
This year’s class of new partners and principals at RSM is larger than last year’s class of 88.
Accounting January 9, 2023
SEC Charges Ex-McDonald’s CEO with Making False Statements About Termination
Stephen Easterbrook was fined $400,000 and barred from holding corporate officer or director roles for five years.
Auditing January 5, 2023
PCAOB Looks to Modernize Rules for Confirmations
Proposal would replace an interim standard that has not changed substantially since 2003.
Firm Management December 28, 2022
KPMG’s 2022 Global Revenue Topped Out at $34.6 Billion
The Big Four firm had steady growth across all regions during its FY 2022, as well as all of its core service lines.