CFOs warned not to book that tariff refund until the cash is in the bank
Manufacturing companies potentially owed tariff refunds are being told by their accountants to slow down — because recording money that …
Former PCAOB board member calls for sweeping reforms to audit regulator
A former member of the Public Company Accounting Oversight Board (PCAOB) is calling for major reforms to the audit regulator, …
Companies brace for Strait of Hormuz cost shock as accounting questions mount
A possible Strait of Hormuz cost spike is pushing companies to review their contracts as higher oil, freight, tariff, and …
Senior Accountants are Now Corporate America’s Toughest Finance Hire, New Report Says
Senior accountants have become the most difficult finance professionals for companies to hire, a sign that America’s accounting shortage has …
Workers Hit the Jackpot on Company Stock. Then the Company Went Bankrupt.
A private company’s stock price shot up. Employees who owned shares through the company retirement plan saw a chance to …
SEC Proposes Expanding Sarbanes-Oxley Auditor Attestation Exemptions, Other Reforms to Boost IPOs
In a move intended to carry out Securities and Exchange Commission (SEC) Chairman Paul Atkins’ agenda to “Make IPOs Great …
AI’s Latest Accounting Problem: Getting a Laugh
Artificial intelligence is pushing deeper into accounting, taking on work once reserved for junior staff, technical specialists and corporate reporting …
In Accounting, Tough Review Is Part of the Job. But How Tough Is Too Tough?
Shayne Kuhaneck still remembers the review that could have ended his accounting career before it really started. Nearly 20 years …
SaaS Bubble Gets a Reality Check as Growth Slows and AI Turns Up the Heat
The easy-money days for software-as-a-service companies are over. For years, SaaS firms had a Wall Street-ready story: customers subscribe, revenue …
Banks File a Cash-Flow Statement Few Investors Use. Should It Be on the Chopping Block?
Why are banks still cranking out cash-flow statements that hardly anyone reads? That was the uncomfortable question hanging over a …