An Accounting Standards Update focuses on the measurement of credit losses for accounts receivable and contract assets for private companies and certain not-for-profit entities.

Also, an internal controls expert joined for a discussion on COSO and its relationship to SAS 145, and a current Auditing Standards Board member addressed questions the AICPA has been receiving on the ...

The recent multibillion-dollar investment by private equity in a major CPA firm reminded me of the concerns that I raised in ...

Shares of the server maker jumped after the company said evidence reviewed by its special committee didn’t raise substantial ...

The retailer delayed its quarterly results after it said an employee hid delivery expenses over several years, prompting an ...

When Macy’s reported Monday that a lone employee hid as much as $154 million in delivery expenses for three years, requiring ...