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.
Auditing October 18, 2022
SKP Audit Partner Gets Largest Ever Individual Fine From the PCAOB
Jonathan Taylor was fined $150,000 and permanently barred for misleading PCAOB inspectors and investigators.
Accounting October 17, 2022
NJCPA CEO Ralph Thomas Says He is Retiring Next Year
For more than two decades, Thomas has been the voice of more than 13,000 members on state and national issues.
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Auditing October 12, 2022
PCAOB Adds 3 New Projects to Standard-Setting and Research Agendas
Modernizing auditing standards is one of four goals identified in the board’s draft five-year strategic plan.
Auditing October 11, 2022
Grant Thornton Launches Fraudrisk.x to Streamline Fraud Risk Assessments
It allows Grant Thornton’s professionals to amass and analyze a wide-ranging cross section of fraud risks factors for clients ...
Auditing October 5, 2022
PCAOB Fines Four Accounting Firms for Failing to File Form APs
Form AP requires firms to disclose the name of the lead engagement partner on an audit.
Accounting October 3, 2022
Ex-EY Director Agrees to Pay SEC $23,900 to Settle Insider Trading Charges
Michael Weiss bought clients’ shares ahead of earnings and acquisitions announcements on four separate occasions.
Digital Currency October 3, 2022
Kim Kardashian to Pay $1.26M for Crypto Promotion to Settle SEC Allegations
Monday’s settlement says she got $250,000 for posting about EMAX tokens on her popular Instagram account.
Auditing October 3, 2022
SEC Punishes RSM US for Shoddy Auditing of an LED Lighting Company
The SEC also charged two partners, as well as a senior audit manager, for their roles in the improper audits.
Accounting September 29, 2022
5 Mistakes to Avoid When Implementing the New Lease Standard
Simplify your lease accounting implementation by learning from the mistakes of public and international companies that are in their fourth year of following the new lease standard.
Auditing September 28, 2022
Sloppy Auditing Results in Friedman Getting a $1 Million Fine From the SEC
The firm, which just merged with Marcum, didn’t exercise professional skepticism and ignored red flags.
Accounting September 28, 2022
EY Report Shows Businesses Improving on Climate Disclosure, but Lagging on Decarbonization
Almost half of organizations surveyed globally (49%) responded that they have conducted scenario analysis – which is also a TCFD recommendation ...
Accounting September 26, 2022
PCAOB Asks For Comments on Interim Attest Standards
The deadline to submit comments to the PCAOB is Oct. 26, 2022.