This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
EDT 1 Min Read Facebook Twitter LinkedIn Email The Public Company Accounting Oversight Board reported that deficiency rates remain high across examination, review and audit engagements for auditors of broker-dealers. Finally, audit engagement deficiencies increased across all firms.
The Financial Reporting Council is probing several audits carried out by Deloitte and U.K. We remain committed to the highest standards of audit quality." Donal Griffin and Jonathan Browning Bloomberg News Audit Deloitte U.K. EDT 2 Min Read Facebook Twitter LinkedIn Email Deloitte branding Andrey Rudakov/Bloomberg The U.K.s
The company demonstrated the products at an event in New York this week. The AI agents will also work alongside human experts at Intuit to give businesses extra support.
My firms compensation data, collected in 2024 and 2025, shows that accounting firms paid 7% more to bring in outside senior analysts in tax and audit than they paid internal staff in the same positions. With accounting talent in short supply, many firms are paying a premium for external hires instead of promoting their internal talent.
By Michael Cohn 5h ago Audit Climate risk could slash earnings 7% by 2035 Extreme weather events like wildfires and hurricanes could drop corporate earnings up to 7.3% by 2035, KPMGs 2025 Futures Report found.
Hohl has close to 40 years of accounting and auditing experience. In 2023, he founded Corallium Advisors, which helps businesses with auditing, regulatory compliance, risk management, and initial public offerings. Acting chief accountant Ryan Wolfe will be returning to his role as chief accountant in the Division of Enforcement.
After an IRS audit in 2016 assessed a federal tax debt totaling some $1 million, Archer concealed and transferred assets through two LLCs he controlled and began using third-party bank accounts to evade paying the tax debt. Bui anticipated that the transactions would be audited.
By Michael Cohn June 16 Audit Broker-dealer audit deficiency rates remain high The Public Company Accounting Oversight Board reported that deficiency rates remain high across examination, review and audit engagements. By Paige Hagy June 16 Like what you see?
Accounting Economic indicators Small business MORE FROM ACCOUNTING TODAY Audit SEC plans ahead for PCAOB takeover The Securities and Exchange Commission is making plans in case it inherits the Public Company Accounting Oversight Boards duties if the tax bill passes.
Practice management Private equity Succession planning MORE FROM ACCOUNTING TODAY Audit SEC plans ahead for PCAOB takeover The Securities and Exchange Commission is making plans in case it inherits the Public Company Accounting Oversight Boards duties if the tax bill passes.
By Chris Gaetano June 20 Audit Senate Parliamentarian rejects PCAOB provision in tax bill The provision would have eliminated the Public Company Accounting Oversight Board and transferred its responsibilities to the Securities and Exchange Commission.
Accountants manage a high volume of sensitive information daily, covering everything from client tax details and payroll reports to audit documentation and financial disclosures. Together, these two elements serve as the backbone of reliable financial reporting, timely filings, and successful audits.
As part of Xeros commitment to an open ecosystem, the company will also continue to support other payments providers on our platform just as they have done before, in the event they would prefer not to switch. million in the event that the acquisition does not close solely due to failure to secure HSR approval.
Governments will have to consider if thats an event worthy of disclosing the risk of any concentration that they have. Subsequent Events standard Later this year, Black anticipates GASB will finalize the subsequent events standard it proposed last year. Audit firms tend to want to focus on other sectors."
By Michael Cohn 11h ago Audit Auditors' pessimism about economy surges Audit partners pessimism about the U.S. economy surged from 10% in the fall to 44% today, according to a Center for Audit Quality report. PA, based in the Charlotte metropolitan region, effective July 1.
audit clients are ready to change firms within the next three years, according to a new report. audit clients are ready to change firms within the next three years, according to a new report. Inflos "Creating a New Audit Experience for U.S. EDT 2 Min Read Facebook Twitter LinkedIn Email More than two-thirds (70%) of U.S.
By Michael Cohn June 16 Audit Broker-dealer audit deficiency rates remain high The Public Company Accounting Oversight Board reported that deficiency rates remain high across examination, review and audit engagements. By Paige Hagy June 16 Like what you see?
By Michael Cohn 5h ago Audit Broker-dealer audit deficiency rates remain high The Public Company Accounting Oversight Board reported that deficiency rates remain high across examination, review and audit engagements.
The study examines whether audit partner individualism reduces earnings comparability in the United States and argues that individualistic audit partners are more likely to deviate from internal working rules and allow clients more flexibility in making accounting choices, thus decreasing their clients earnings comparability.
By Michael Cohn 5h ago Audit Broker-dealer audit deficiency rates remain high The Public Company Accounting Oversight Board reported that deficiency rates remain high across examination, review and audit engagements.
These events bring together top minds in tax, audit, and financial technology, offering insights that can shape the future of your career. The best events deliver real value—through CPE credits, hands-on training, or connections that can take your career to the next level. This list covers major in-person and virtual events.
Madison Street Advisors offers tax planning and preparation, focusing on audit mitigation strategies and reduction of audit profiles. It also offers bookkeeping services, audit defense and resolution, and other business services. "We
By Michael Cohn June 16 Audit Broker-dealer audit deficiency rates remain high The Public Company Accounting Oversight Board reported that deficiency rates remain high across examination, review and audit engagements. The capabilities are available internally to KPMG professionals and are also available to deploy for clients.
Wolters Kluwer releases AI audit documentation solution Wolters Kluwer HQ Wolters Klower announced TeamMate+ AI Editor, a generative AI writing engine designed to enhance the quality of audit documentation with data protection and safeguards.
Identify opportunities Assess pain points in tax, audit, scheduling, and advisory workflows. Audit data preparation : Use algorithms to download client data, generate trial balances, and perform risk analysis. Identify routine tasks that consume excessive time during peak periods.
By Chris Gaetano 2h ago Audit Senate Parliamentarian rejects PCAOB provision in tax bill The provision would have eliminated the Public Company Accounting Oversight Board and transferred its responsibilities to the Securities and Exchange Commission.
By Michael Cohn 6h ago Audit IESBA, IAASB form expert groups on sustainability standards The International Ethics Standards Board for Accountants and the International Auditing and Assurance Standards Board set up technical groups for their standards.
Gary Boomer June 9 Audit Two-thirds of clients ready to change auditors Seventy percent of U.S. audit clients are ready to change firms within the next three years, according to an Inflo report.
By Michael Cohn 11h ago Audit Auditors' pessimism about economy surges Audit partners pessimism about the U.S. economy surged from 10% in the fall to 44% today, according to a Center for Audit Quality report. PA, based in the Charlotte metropolitan region, effective July 1.
While many accounting graduates pursue careers in finance, this degree provides a solid foundation for roles in auditing, tax, and other sectors of the financial world. This role requires extensive accounting principles, auditing, and tax regulations knowledge. Why choose a career in accounting?
We organize all of the trending information in your field so you don't have to. Join 52,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content