Audit & Accounting

A new report shows that, increasingly, the respondents in Public Company Accounting Oversight Board enforcement actions are firms, rather than individuals.

The new standard represents one of the biggest changes to IFRS in decades.

Failure to maintain an acceptable accounting system may result in the withholding of payments from the government to a contractor.

Allen Weisselberg admitted to falsely testifying about his role in the valuation of assets the state proved at trial had been inflated for years to get favorable terms on loans.

The board imposed its largest-ever penalty of $25 million against KPMG's firm in the Netherlands, in addition to $2 million in fines against Deloitte's firms in Indonesia and the Philippines.

The tax prep giant settled a proposed class-action suit that claimed it schemed to prevent employees from moving between corporate and franchisers.

The Public Company Accounting Oversight Board voted to propose an extensive set of new reporting requirements to impose on auditing firms.

Chief obstacles; tax illiteracy; what makes a great preparer; and other highlights from our favorite tax bloggers.

The Securities and Exchange Commission has temporarily stayed its climate-related disclosure rule amid a rash of lawsuits.

The PCAOB found multiple deficiencies in every audit it reviewed from BF Borgers over the past two annual checks.