Auditing
Latest News
The Tax Blotter – Nov. 2024
CohnReznick Expands Footprint in Philippines
Starting in 2025, the IRS Will Accept Duplicate Dependent Returns With an IP PIN
House Tax-Exempt Crackdown Bill Passes Despite Democrat Defections
Deloitte Revamps Structure to Slash Costs in Tough Market
The move will see the Big Four firm reorganize its main business units down to four arms from five, the Financial Times reported.
Grant Thornton Is the Latest U.S. Firm to Get Into Bed With Private Equity
The seventh-largest accounting firm in the U.S. said it will receive “a significant growth investment” from New Mountain Capital.
AuditBoard and KPMG Partner for Risk Management
Organizations will be able to leverage the combined power of AuditBoard’s award-winning connected risk platform and KPMG’s deep expertise to elevate audit, risk, IT security, and ESG programs...
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.
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.