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 November 11, 2022
As SEC Works to Finalize Climate Rule, Both Sides Make Their Case
Companies, industry associations and lawmakers made final push to influence the SEC by the Nov. 1 deadline.
Digital Currency November 10, 2022
FTX Faces Probe by U.S. Regulators Into Client Funds, While Binance Drops Plans to Acquire Rival
The inquiries by the SEC and the CFTC relate to the liquidity crisis that has pushed FTX to the brink.
Auditing November 9, 2022
The Institute of Internal Auditors Updates CPE Policy
The changes, which were approved by The IIA’s Professional Certification’s Board (PCB), were made to ensure internal auditors are regularly enhancing their skills and...
Accounting November 7, 2022
Supreme Court Mulls Allowing Court Challenges to SEC and FTC
A ruling against the government could undercut two of the most powerful federal regulators in the U.S.
Accounting November 7, 2022
FERF Audit Fee Study Shows SPAC, Acquisitions and Organizational Structure Changes Increased Audit Scope and Fees
Overall, average audit fees increased by a slight 2.5 percent from 2020 to 2021. Expanded scope was cited as the primary reason as stated by 53 percent of member company respondents.
Accounting October 27, 2022
Executive-Bonus Clawbacks Get Long-Delayed Approval From SEC
Under the new rule, pay would be returned if tied to a firm’s financial reporting error.
Accounting October 26, 2022
AuditBoard Launches Integrated ESG Program
AuditBoard ESG features powerful data collection and analysis capabilities to automate manual tasks, simplify framework reporting and disclosures, and ensure ESG data is audit-ready.
Auditing October 24, 2022
Ex-PwC Auditor in SEC’s Crosshairs as Mattel Will Pay $3.5 Million Over Accounting Errors
Joshua Abrahams is accused of breaking auditor independence rules in PwC’s audit of the toy-making giant.
Accounting October 24, 2022
Spooked by Staffing Shortages? Five Tricks to Retain Your Audit Professionals
Here are a few perennial problems and some suggestions on ways progressive firms can better manage their people and the process of auditing itself.
Digital Currency October 24, 2022
Crypto is More Attractive as SEC Gets Aggressive, Investors Say
Bitcoin will trade between $17,600 and $25,000 until the end of this year, survey of market participants shows.
Accounting October 20, 2022
Companies Issue Unrelated News When SEC 8-K Disclosure Has Bad News, Study Finds
Companies that file a form 8-K containing negative info are 7% more likely to concurrently issue a press release with good news.
Accounting October 20, 2022
AICPA & CIMA Offer Resources for Audits of Pandemic Relief Funding
The audits provide reasonable assurance to the federal government and the public that the organization complied with federal requirements subject to the audit.