Accounting standards

The blend of cutting-edge technology and the warmth of human connection is creating a whole new playing field for professionals

Crowe plans to add Belt Harris Pechacek; and PKF Smith Cooper acquired BLB Advisory.

Botkeeper announced the release of Botkeeper Infinite, a tech-only solution that leverages AI to help firms automate routine tasks.

Friction simmers within the audit industry following the Public Company Accounting Oversight Board's controversial June 2023 proposal to revise its standard on noncompliance with laws and regulations.

If your practice is launching a CAS practice — or you're just in the initial planning and research stages — making sure you're well-prepared is essential.

The Public Company Accounting Oversight Board sanctioned PricewaterhouseCoopers' member firms in the U.S. and Australia over auditing quality control violations, imposing a $2.75 million and $600,000 penalty.

The Financial Accounting Standards Board decided to pursue targeted improvements to its rules for accounting for and disclosing software costs, instead of a single overarching model.

Grifols SA shares dropped as investors evaluated a regulatory review of the Spanish bio-science company's financial reports, which found "relevant deficiencies" but no major accounting mistakes.

Markus Jooste allegedly took his own life after being notified of arrest warrants over an accounting scandal.

Chinese authorities are ramping up pressure on the global accounting giant that audited a slew of developers before the sector's meltdown.

Businesses will get help determining whether profits interest and similar awards should be accounted for as share-based payment arrangements.

A former employee of U.K. tech mogul Mike Lynch's Autonomy Corp. told jurors at his U.S. criminal trial that she and one of her higher-ups were both fired after flagging concerns about accounting irregularities.

The Public Company Accounting Oversight Board sanctioned an Israeli auditor and her firm for violating the PCAOB's rules in several audits, imposing a $200,000 penalty.

PICPA believes the PCAOB's Non-Compliance with Laws and Regulations proposal is disconnected from the realities of the auditing profession and will impose undue strain on an already thinly stretched workforce of CPAs.

Big Four firm Deloitte is looking to overhaul its structure to cut costs ahead of a market slowdown, according to the Financial Times.

The International Accounting Standards Board hopes to enhance the information provided by companies to their investors about acquisitions under IFRS.

This new standard changes the game for auditors to make risk assessments even more effective.

The Praxity Alliance of independent accounting firms reported revenue of $9.7 billion in 2023, an 11% increase over 2022 at constant exchange rates.

The firm will make 329 roles redundant, while as many as 37 partners will be accelerating their retirement over the next nine months.

The internal audit function is gaining more people and funding, according to a new survey released Monday.