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 August 16, 2022
Finance Efficiency Accelerates with AI Inside
It’s predicted that half of current finance artificial intelligence (AI) deployments will be delayed or cancelled by 2024, largely due to complexities...
Auditing August 14, 2022
CohnReznick LLP and Guidepost Solutions LLC Named Integrity Monitors for the JFK International Airport Redevelopment
This will include creating, implementing, and monitoring policies and procedures that will help ensure that the entities engaged in the Program comply with relevant laws and regulations.
Accounting August 14, 2022
Grant Thornton Adds Forensic and Anti-Laundering Leader
Stumbauer will use his extensive cryptocurrency, AML, sanctions and Foreign Corrupt Practices Act acumen to further bolster and expand Grant Thornton’s financial crimes capabilities.
Accounting August 8, 2022
PwC Will Have to Pay £1.75 Million Fine Over Flawed BT Audit
The Financial Reporting Council also handed partner Richard Hughes a £42,000 penalty for his role on the audit.
August 3, 2022
The Technology Lab Podcast – Review of OnceAccounting – Aug 13, 2022
Randy and Brian review OnceAccounting, a single hub for accounting firms to manage all of their clients' books, even on different systems.
Accounting August 2, 2022
History Rewind: Behind the Bernie Madoff Scam
In 2009, Bernie Madoff pleaded guilty to a Ponzi scheme that cost investors an estimated total of $65 billion, the largest in U.S. history. Before that, he had been chairman of the NASDAQ stock ...
Accounting August 1, 2022
IFRS Consolidates with Value Reporting Foundation
The consolidation delivers on market demand, including from companies, investors and regulators, for simplification of the ...
Accounting August 1, 2022
More Companies Obtaining Independent Assurance on Sustainability Data
61% of ESG assurance services were performed by professional accounting firms, with substantial variation in practice within different jurisdictions
Accounting July 28, 2022
PCAOB ‘Up to the Task’ of Updating Standards, Tougher Enforcement
SEC Chair Gary Gensler called out the PCAOB yesterday for being too slow to modernize old auditing standards.
Accounting July 27, 2022
Twenty Years After SOX Was Signed Into Law, SEC Chief Says ‘Who Audits the Auditors’ Still Matters
Gary Gensler said updating outdated auditing standards and strengthening auditor independence rules are still works in progress.
Accounting July 27, 2022
Four Rogue KPMG Auditors Fined £365,000
They were disciplined after an industry tribunal found they forged documents and lied during a probe into their work.
Accounting July 25, 2022
Auditors Told To Stop Staff Cheating In Their Exams
The Financial Reporting Council said it was ‘deeply concerned’ by fines levied against the likes of EY, PwC and KPMG.