The firm, Elbit Imaging, violated accounting-related provisions of the Foreign Corrupt Practices Act.
Merely requiring companies to periodically invite bids for their audit business, or change engagement partners at the incumbent firm, doesn't do the…
Requiring top corporate executives to be only a year or two removed from a prior job with the company's auditor is insufficient, study suggests.
The SEC says PCAOB staffers leaked confidential materials to KPMG partners to boost the firm's inspection results.
India's securities regulator sanctions the firm for failing to detect the $1.7 billion fraud at Satyam Computer Services.
As 2018 begins, it is important to be aware of requirements and guidance recently issued by the Financial Accounting Standards Board (FASB) and the…
A judge rules the accounting firm failed to meet professional standards in its audits of Colonial's mortgage warehouse lending division.
Grant Thornton assigned two partners in its Philadelphia office to audits even though the firm had concerns about the quality of their auditing work.
The SEC cleans house at the Public Company Accounting Oversight Board.
Non-cash and financing components could become brain busters under the new, principles-based revenue recognition standard.