Tammy Whitehouse

Just as the IRS bolsters its international enforcement capabilities and activities, it is also phasing out its voluntary disclosure program.

The SEC has settled charges with foreign affiliates of KPMG, Deloitte, and BDO for overseas audit work that was not properly registered with the PCAOB.

After a year of reporting “key audit matters” in audit reports abroad, financial reporting has improved, says a study by a global accounting group.

In the transition to new accounting rules on revenue recognition, it appears many companies are still trying to wrap up their implementation work.

Technology and innovation should be a priority for internal auditors, in terms of both the risks  it produces and how auditors use it to address risks.

Audit regulators globally say they’re seeing some incremental improvement in audit inspection results, but not yet enough.

The PCAOB has censured the partner who oversaw audits at Koss, where a top finance executive went prison on charges of embezzling more than $30 million.

Recently published academic research suggests there is indeed a detriment to audit quality when audit firms hold long tenures on audit engagements.

Simpler hedge accounting regulations have accountants and FASB alike wondering if they need even further clarification.

FASB has finalized some technical corrections to its standard on financial statements and proposed new guidance on accounting for certain cloud computing costs.