The move aligns with SEC chair Paul Atkins’ objective to “make IPOs great again”.

One of the country’s most influential courts has asked the nation’s top securities regulator for its views on an uncomfortable subject: whether audit reports by outside accounting firms actually ...

Forbes contributors publish independent expert analyses and insights. Nathan Goldman is a tax prof. at NC State Univ. As the onset of the new tax accounting reporting standard approaches, external ...

A forthcoming research study examines how financial statement auditors respond to allegations of financial misconduct towards the companies they audit. A research study forthcoming in Contemporary ...

AI Quick Read The September 30, 2026 deadline for filing tax audit reports for AY 2026-27 is approaching, while several chartered accountant and tax professional associations have asked the government ...

The more common CAMs may relate to areas involving a high degree of estimation, such as goodwill impairment, intangible assets, acquisitions, taxes, and illiquid investments, among other issues. It ...

In all, six deficiencies were highlighted in an audit summary, where four of them were repeats from prior audits.

Principals warned the reports were unfair on schools in poor communities.

Some important themes are emerging in auditors’ reporting of critical audit matters, which are the key component of the biggest change to public company auditor reporting in 70 years. Goodwill and ...

AN INCREASE IN AUDITOR CHANGES HAS LED t o an increase in reaudits, raising unique practice considerations for the CPAs that perform them. Reauditors can use the guidance in SAS no. 84, Communications ...