Auditing April 6, 2026
AI is Co-Writing End-of-Month Financial Reporting. Here’s What that Means for Auditors
In many organizations, AI is becoming embedded in core accounting workflows during the end-of-month process.
Accounting July 14, 2022
EZLease Offers Free Accounting Solution
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.
Accounting July 13, 2022
Report Shows Risk Management Processes Not Keeping Pace with Growing Risks
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 ...
Accounting July 11, 2022
FASB is Going to Do a Little More Research on Hedge Accounting, Statement of Cash Flows
Recent feedback from investors and other stakeholders has influenced the FASB’s research and technical agendas.
Accounting July 8, 2022
California Accountant Sentenced to 29 Months in Prison For Defrauding Two Former Employers
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.
Accounting July 6, 2022
AICPA Solicits Feedback on CPA Exam Exposure Draft
The Exposure Draft is the result of two years of research conducted through a Practice Analysis to align the CPA Exam to the CPA Evolution initiative.
Accounting July 6, 2022
Audit Partner Pulse Survey Offers Insights on Capital Markets & State of the Economy
Audit partner observations on a range of topics, including the overall health of the economy, business transformation, quality of corporate disclosures and more
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Accounting July 5, 2022
PCAOB Previews Inspection Priorities For 2022
Each year the PCAOB gives audit firms, investors, and public companies a heads up on what areas of the audit inspectors will be placing a greater emphasis on during its upcoming inspection cycle, in the hopes of improving audit quality.
Accounting June 30, 2022
Practical Ways for Accountants to Help Address Climate Change
Sustainability impact measurement and reporting frameworks are now being actively developed and harmonized by governments, rating agencies, consultancies, and auditing bodies to enable apples-to-apples comparisons across markets and geographies.
Accounting June 28, 2022
EY Nailed With Record $100 Million Fine From the SEC For Ethics Exam Cheating
EY will have to pay a $100 million fine after it was revealed today that hundreds of the Big Four firm’s auditors had cheated on mandatory ethics exams ...
June 22, 2022
PCAOB OKs Changes in the Oversight of Audits Involving Outside Auditors
The Public Company Accounting Oversight Board (PCAOB) voted unanimously to amend current auditing rules and introduced a new standard on June 21 pertaining to an audit firm’s use of so-called “other auditors” who lend a hand during the course of an audit.
June 22, 2022
PCAOB OKs Changes in the Oversight of Audits Involving Outside Auditors
The Public Company Accounting Oversight Board (PCAOB) voted unanimously to amend current auditing rules and introduced a new standard on June 21 pertaining to an audit firm’s use of so-called “other auditors” who lend a hand during the course of an audit.
Auditing June 21, 2022
Guide Offers Advice on Managing ESG Fraud Risks
Environmental, social and governance (ESG) initiatives are some of the most important topics discussed in boardrooms today. However, when ESG programs are not implemented correctly, organizations can quickly find themselves enmeshed in a maelstrom of missteps and negative headlines.