
PwC Will Have to Pay £1.75 Million Fine Over Flawed BT Audit
The Financial Reporting Council also handed partner Richard Hughes a £42,000 penalty for his role on the audit.
The Financial Reporting Council also handed partner Richard Hughes a £42,000 penalty for his role on the audit.
Randy and Brian review OnceAccounting, a single hub for accounting firms to manage all of their clients' books, even on different systems.
In 2009, Bernie Madoff pleaded guilty to a Ponzi scheme that cost investors an estimated total of $65 billion, the largest in U.S. history. Before that, he had been chairman of the NASDAQ stock ...
The consolidation delivers on market demand, including from companies, investors and regulators, for simplification of the ...
61% of ESG assurance services were performed by professional accounting firms, with substantial variation in practice within different jurisdictions
SEC Chair Gary Gensler called out the PCAOB yesterday for being too slow to modernize old auditing standards.
Gary Gensler said updating outdated auditing standards and strengthening auditor independence rules are still works in progress.
They were disciplined after an industry tribunal found they forged documents and lied during a probe into their work.
The Financial Reporting Council said it was ‘deeply concerned’ by fines levied against the likes of EY, PwC and KPMG.
The award recognizes those who “have given unusual and outstanding service to the profession of internal auditing through participation in the activities of the IIA.”
With the threat of a recession on the horizon, and the ongoing fallout of the COVID-19 pandemic still being felt, business and forensic accountants are...
Given the outlook for budgets and staffing levels, most internal audit departments remain optimistic about their department’s continuing value and growth.
EZLease, a maker of lease accounting software, is now offering a free, full-function lease management system for private and government organizations managing small lease portfolios.
The report found indication that adoption of ERM processes in the U.S. is on the rise. Over the last 13 years, the percentage of ...
Recent feedback from investors and other stakeholders has influenced the FASB’s research and technical agendas.
Stephanie Simontacchi, 48, was sentenced to more than two years in federal prison on July 1 for bank fraud, embezzlement of credit union funds, and tax evasion.