Proxy advisor ISS recommends a vote against retaining KPMG, questioning its expertise amid an investigation of GE's accounting practices.
"Many companies will likely struggle to be ready by the effective date” of the updated lease accounting standard, says a Deloitte executive.
The SEC says a sales scheme that inflated financial results at Maxwell Technologies should have been detected by the former CEO and former controller.
The Center for Audit Quality recommends best practices and discussion topics for non-GAAP presentations.
Mid-market firms can be resource-constrained, but when it comes to sustainability their nimbleness can be an advantage.
The rate at which workers are reporting misconduct is on the rise, but so are the instances of companies retaliating against those who report.
The foreign firms participated in audits that skirted the full oversight of the Public Company Accounting Oversight Board.
While IFIAR says the audit deficiency rate “is trending downward on an overall basis," it urges firms to continue strengthening quality control…
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…