Two Boards Oversee Public Companies’ Accounting. Why Is One’s Independence More at Risk?
The remaking of the board is far more common at the PCAOB than the FASB—and expected to recur under coming SEC leadership.
Hosted on MSN13h
leveraging technology and virtual systems to revolutionise financial accounting and audit
By\xa0 Kiki ROCKSON\xa0IntroductionIn a world increasingly driven by digital innovation, the integration of technology into financial accounting and auditing has emerged as a game-changer for ...
SC auditor resigns after outside audit found $1.8 billion ‘surplus’ was actually an accounting error
South Carolina’s State Auditor George Kennedy resigned Thursday after an outside audit found what was thought to be a $1.8 ...
South Carolina treasurer calls questions of his role in $1.8 billion accounting error a witch hunt
South Carolina Treasurer Curtis Loftis says calls for him to resign over an accounting error that left the state sorting out ...
Moses Lake School District reviewing state audit of finances before committing to forensic audit
The school board president says the district is conducting a full-scale review of a state audit over the $20M deficit before it commits to a forensic audit.
RCI Hospitality switches to new accounting firm CBIZ CPAs
RCI Hospitality Holdings, Inc. (RICK), a $508 million market cap company specializing in the hospitality and restaurant industry with impressive gross profit margins of 84.5%, announced a change in ...
LEADERSHIP Newspaper15d
Weak Auditing, Accounting Systems Encouraging Corruption —Reps
The House of Representatives has identified weaknesses in the auditing and accounting systems as factors encouraging corruption in the country. Chairman, Public Accounts Committee of the House ...
Knoxville News Sentinel19d
40 Under 40: Maggie Bates continues growing her accounting career and roots in Knoxville
serving on numerous boards and being a part of the Crowe audit and accounting firm for more than a decade. She's most excited about becoming a mother next spring and starting a new chapter of her ...
Business Insider24d
Accounting firms have been making more errors, but bosses are split on whether remote work is to blame
a report published by the Public Company Accounting Oversight Board, a government-backed audit-oversight board, has found. The report, published last month, was part of the PCAOB's investigation ...
Vanguard16d
Weak auditing, accounting systems fueling corruption, say Reps
Weak auditing and accounting systems are fueling corruption in Nigeria, the House of Representatives has observed. The House insisted that a lot of monies meant to enter the coffers of government ...