Breakthrough innovations in such areas as artificial intelligence, workflow automation and data analytics are enabling auditors to deliver powerful insights that simply weren’t possible before.
Auditors face numerous challenges when it comes to helping clients understand financial reporting issues related to accounting for intangible assets acquired in a business combination.
Two years ago, the Supreme Court held in Lawson v. FMR that employees of contractors of public companies, including employees of accounting and audit firms, are protected under the whistleblower protection provision of the Sarbanes-Oxley Act.
Drew Bernstein of Marcum Bernstein & Pinchuk discusses the challenges and benefits of auditing companies in China in this video.
Drew Bernstein of Marcum Bernstein & Pinchuk explains the challenges of auditing in emerging markets like China.
KPMG Southern Africa, a member of the global advisory network, has ended a 15-year stint auditing companies controlled by the Johannesburg-based Gupta family, after the ruling party and the national graft ombudsman announced investigations into its alleged influence over the state.
Toshiba Corp. is under investigation by the U.S. over allegations that it hid $1.3 billion in losses at its nuclear power operations, according to two people familiar with the matter. Shares plunged in Tokyo.
Chief audit executives are not so confident about the accuracy of the data their companies rely on to make decisions.
Audit Execs Worried about Data Accuracy
The American Institute of CPAs’ Accounting and Review Services Committee has issued an interpretation on reviews of financial statements.
AICPA Releases Guidance on Financial Statement Reviews
