Auditing
Latest...
Minnesota Accounting Firm Joins CLA Global
Avalara Gives Update on Online Marketplace and Tax Changes in 2024
More CAS Firms Adding 1099 and W-9 Services
Forbes Unveils Its Top 200 CPAs in the U.S.
ADM Seeks to Reassure Investors Amid Accounting Probe
During an earnings call, the company's CEO said the internal problems have not torpedoed the overall financial picture.
Survey Finds the Audit Profession is Growing
After sharp cuts due to the COVID pandemic in 2020 and 2021, significantly more internal audit functions are now increasing their budgets (36%) than are decreasing them (13%).
New SEC Climate Rule Gets a Thumbs Up From the AICPA
The rule “moves us closer to the high-quality reporting that investors, lenders, and other stakeholders require,” the AICPA and CIMA said.
Why the SEC’s New Climate Disclosure Rule Won’t Solve the Problem It’s Trying to Fix
The new rule, which passed March 6, requires large companies to disclose their emissions—but there’s a major hole.
How Auditors Are Seizing the Day with Artificial Intelligence
AI creates an opportunity as accountants can more readily gain access to the data they need, enabling them to shift their focus to professional judgment and using their experience to analyze and examine information.
SEC Upped the Ante on Enforcement for Accounting and Auditing in FY 2023
The SEC disclosed 83 accounting and auditing enforcement actions in FY 2023, up 22% from the previous fiscal year.
PCAOB Registration Isn’t a Seal of Approval, Regulator Tells Audit Firms
A proposed rule would limit how audit firms tout their PCAOB registration in marketing to clients and potential clients.
Some Top Midtier Audit Firms Felt the Wrath of the PCAOB This Week
Withum was fined $2 million, while Baker Tilly and Mazars were fined $80,000 and $60,000, respectively, for rules violations.