Accounting standards

Boohoo Group Plc shares fell the most since August after the U.K. fast-fashion retailer caught up in a labor scandal said it’s seeking a new auditor to replace PricewaterhouseCoopers.

Is the current method painting the most accurate picture for private companies facing the coronavirus?

Troubled commodities trader GP Global Group has “accounting irregularities” in its books, according to the restructuring adviser hired to salvage the company’s assets.

J. Robert Brown criticized recent moves by the Public Company Accounting Oversight Board to strip down its research and standard-setting agendas without proper consultation.

Accounting and financial controllers are some of the hardest-working executives in an organization, but unfortunately they are often overlooked.

Two senior executives at Botswana supermarket chain Choppies Enterprises Ltd. are suing former auditors PwC for 653 million rand ($40 million) for not signing off on the company’s 2018 accounts, which led to a share price collapse.

Companies are continuing to increase the level of audit committee disclosures in their proxy statements, according to a new report from the Center for Audit Quality and Audit Analytics.

The Institute of Internal Auditors has introduced a new framework for the professional development of internal auditors.

A pair of academic studies casts doubt on the value of mandatory rotation of auditing firms and lead engagement partners.

The document discusses some considerations involving the use of specialists when auditing financial statements during the pandemic.

Global confidence improved significantly in the third quarter of the year among accountants.

The board's revisions emphasize the trust that the public places in accounting professionals.

The board has voted to defer the effective date of its long-duration insurance contract standard for one year.

The American Institute of CPAs’ Auditing Standards Board issued an attestation standard for when auditors perform examination engagements with clients.

The Public Company Accounting Oversight Board imposed a $250,000 penalty on Marcum LLP and its Marcum Bernstein Pinchuk unit over audits of Chinese companies.

A panel of tech-forward accountants share their favorite tools and applications.

10 elements that make up the formula for success in offering client accounting services.

Client accounting services give firms the flexibility to move forward in their own way.

Client accounting services could take your firm to the next level.