Tammy Whitehouse

FASB proposes a change to the new lease accounting standard taking effect in 2019 that promises to ease the implementation.

FASB is considering whether to take up any new rulemaking as a result of the accounting consequences of the Tax Cuts and Jobs Act.

Public company audit fees inched upward again in 2016, based on the latest data available from Audit Analytics.

Grant Thornton’s latest PCAOB inspection report, dating to 2016, shows improvement over prior year results.

With tax reform a reality, public companies are facing new planning opportunities and new provision and reporting obligations that create a mountain of transition work.

With tax reform signed into law, the SEC has issued guidance explaining its expectations with respect to the related financial reporting requirements.

A group of international regulators and financial institutions is proposing a new mechanism to set standards for auditing in global capital markets.

The PCAOB has extracted a $1.5 million settlement from Grant Thornton over allegations of audit and quality control failures around engagement partner performance.

With tax reform nearly law, the focus for public companies is shifting to whether companies might get some relief from enormous year-end reporting burdens.

Audit regulators found problems with 24 percent of the audits they inspected at Deloitte in 2016, the same number inspectors flagged in 2015.