Accounting
AICPA wary of new PCAOB firm metrics standard
The American Institute of CPAs is still concerned about the Public Company Accounting Oversight Board's new firm and engagement metrics...
Board members need more audit and finance skills
Audit and finance skills are heavily in demand for corporate board members, according to a recent survey.BDO's 2024 Board Survey...
ACFE marks International Fraud Awareness Week
The Association of Certified Fraud Examiners is marking International Fraud Awareness Week this week, with more than 1,400 organizations across...
GASB aims to align with Financial Data Transparency Act
The Financial Data Transparency Act has significant implications for the modernization of government financial reporting. Against this backdrop, the latest...
Intuit falls after giving tepid outlook despite new AI tools
Intuit Inc., the maker of the TurboTax tax preparation software, dropped in extended trading after giving a sales and profit...
Tech news: Intuit announces Intuit Assist for QuickBooks
Plus, Deloitte releases four new accelerators on Workiva marketplace; KPMG invests $100 million in Google Cloud Alliance; and other accounting...
UPS hit with $45M penalty by SEC over improper valuation
United Parcel Service Inc. will pay $45 million to settle claims by the Securities and Exchange Commission that the courier...
Tax scheme star witness clams up at his own €428M trial
Kai-Uwe Steck, a star witness who spilled the beans to German prosecutors and TV viewers about the Cum-Ex scandal, turned...
PCAOB adopts far-reaching firm and engagement metrics and firm reporting standards
The Public Company Accounting Oversight Board voted Thursday to adopt new requirements for auditing firms to report on various metrics...
Private equity isn’t a silver bullet for accounting firms
While the influx of private equity into the accounting profession has brought much-needed capital and a welcome alternative to firms,...
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