“The audit profession as a whole will be looked at to expand outside the domain of the historical financial statements,” says Deloitte & Touche…
"Form AP" would name the engagement partner but would not be included in the client company's SEC filings.
Bill Zerella feels that Fitbit will grow fast enough to keep pace with Apple and other looming competitors.
FASB’s new revenue recognition standard could spawn costly changes in corporate tax compliance.
Deutsche Bank settles one of the last remaining cases from the financial crisis, which involved the valuation of credit default swaps.
As companies push into Europe, the Middle East, India, and Africa, executives are being pressured into higher risk behaviors, says E&Y.
The Japanese company says it understated the costs of some infrastructure projects and will set up a committee to investigate accounting…
“There is virtually no support to have the SEC mandate IFRS for all registrants,” James Schnurr tells accountants.
The Securities and Exchange Commission charges ex-executives with failing to accurately disclose past-due loans during the financial crisis.
Writing private-company exceptions into GAAP complicates financial reporting.