Audit & Accounting

Small businesses with fewer than 50 employees continued to add jobs in June, albeit at a slower rate, but wage growth remained steady, payroll processor Paychex reported.

Prosecutors had sought a 15-year sentence, describing Shah as the "driving force behind a dizzying array of lies to clients, lenders, investors and an audit firm."

The police are looking into possible accounting and marketing fraud, market manipulation and use of privileged information.

The 6-3 decision could reduce the commission's leverage to extract high-dollar settlements.

The International Federation of Accountants teamed up with the Pan African Federation of Accountants to report on how the profession can play a key role in transforming the continent's finances.

Ethical standards in accounting encompass the moral principles and rules that accountants are required to adhere to during their professional work.

Brazilian Federal Police carried out their most extensive operation yet to punish those responsible for a massive fraud carried out at retailer Americanas SA with arrest and search warrants issued in Rio de Janeiro.

The FASB voted to propose a new ASU that would, among other things, remove the distinction between linear and nonlinear development methods.

Banco Santander decided to renew its contract with PricewaterhouseCoopers, potentially keeping one of Europe's biggest such relationships with the firm until 2035.

Shares of Bookoff Group Holdings, a chain of second-hand Japanese bookstores, tumbled 10% after discovering fictitious purchases by employees.