Audit & Accounting

Experts weigh in on the seesawing judicial fate of the Corporate Transparency Act and its beneficial ownership information reporting mandate.

The Public Company Accounting Oversight Board found specific deficiencies in the testing of internal controls and accounting estimates, and in engagement quality reviews.

Ohio Governor Mike DeWine signed into law a bill that provides more flexibility for obtaining a CPA license, effectively eliminating the 150-hour requirement.

Hindering the audit marketplace creates risk for the investing public, says the AICPA's Sue Coffey.

Laura Hay will succeed Scott Wiley as president and CEO of the Ohio Society of CPAs. She will be the first woman and first CPA to lead the organization.

Delivering an invoice for any service, including a tax audit, is a marketing activity, and it cannot be assumed that the client understands the value.

Vince McMahon is alleged to have hidden hush-money settlements to a former employee and company contractor, leading to incorrect financial statements in 2018 and 2021.

A federal court has issued another injunction halting enforcement of the Corporate Transparency Act and its BOI reporting requirement.

The Financial Accounting Foundation is looking for candidates for several leadership roles, including FAF executive director.