The Public Company Accounting Oversight Board released a staff publication highlighting problems it's seeing with audits of journal entries. The publication, Audit Focus: Journal Entries, noted that ...

In addition to interest on loan, XYZ Bank Ltd would participate in an equity upside. ABC Ltd would be obliged to pay XYZ Bank Ltd an equity upside payment in an amount equal to 50% if there is any ...

Charles Hoffman believes the accounting profession is poised for a major shift toward machine-understandable artifacts and ...

We can’t allow a treasurer to be pushed out because of other people’s failures” South Carolina Treasurer Loftis told a House ...

As lawmakers expressed their outrage over the accounting error, State Auditor George Kennedy announced his resignation.

The results of the audit found that $1.6 billion of the $1.8 billion believed to have existed was the "result of incorrect journal entries." ...

What then happens is that either the cooker is a restricted asset and the depreciation on said cooker will be charged to the fund over the life of the cooker, or purchasing said cooker satisfies the ...

Artificial intelligence is revolutionizing how many people do their jobs nowadays. But AI tools like ChatGPT aren't only for those who are already employed. They can also be beneficial to job seekers ...

Non-stablecoin cryptocurrencies have no inherent value, so creating a federal "reserve" of them is absurd on its face. Chinese hacking of bitcoin will have no significant economic impact.

In Brief Many accounting leaders and observers have pointed out the need to expand the pipeline to the profession and suggested ways this could be ...

The EPFO added 14.63 lakh net members in November 2024, marking a 4.88% increase from the previous year. Young job seekers ...

How South Carolina could lose, and subsequently find, $1.8 billion in "missing" money has confounded state lawmakers for ...