The guidance is designed to provide auditors with essential reminders and practices for handling accounting estimates.

Why do you need a lawyer for an IRS audit? Have you received an IRS audit notification (IRS form letter 2205-A, 2205-B, or ...

Audit is in a tough spot, with trust at a real low and some big name players – such as EY [1] and PwC [2] – being hit with ...

Audit readiness begins well before the audit period ends. Or so it should. But now it is January and maybe the auditors have ...

It would be very difficult for the SEC to take over the board’s inspection duties if the measure were to pass, said former ...

The future of accounting is no longer on the horizon; it’s here. By modernizing your financial practices now, you’re not just ...

This is a red flag for CFOs who are outsourcing finance functions to firms that sell themselves as being forward-thinking or ...

Technology can reduce menial work and support young staff. The term “generative AI” is often associated with tools like ChatGPT and ...

RBI’s inspection found irregularities in branch cash accounting, triggering a forensic audit. Disbursements were paused ...

EY faces £2bn lawsuit over “extremely serious” audit failings at NMC Health, as FRC findings revealed in court highlight major lapses.