Tammy Whitehouse

Banking regulators issued some relief for banks worried about the effects of adopting CECL, but bankers are still concerned it won’t go far enough.

GE’s audit committee has initiated a tender process to consider replacing KPMG as its external auditor.

The PCAOB saw some improvement in the audit of management review controls during its 2018 inspections, but it’s still an area of focus into 2019.

Amid technology challenges and minor changes to the pending new lease accounting rules, FASB is standing firm on the Jan. 1 effective date.

New accounting standards and M&A activity are driving modest increases in audit fees for public companies, according to a new FERF survey.

A pending requirement for auditors to disclose critical audit matters in their reports may compel management to take a closer look at their own disclosures.

The SEC may be hands-off with respect to CECL, but the House Financial Services Committee is exploring the expected effect of the accounting change on the economy.

Shifting from one uncertain position to another, companies are facing a subtle but important change in how to explain tax reform to investors.

U.S. regulators are contemplating what next steps they can take to rattle some greater cooperation out of overseas regulators, especially in China.