CFO News

MARCH 24, 2025

Amid an ongoing debate over whether CMA and CS should be included as accountants in the new Income Tax Bill and allowed to conduct tax audits a role currently reserved for Cas the Lok Sabha's Select Committee has likely tasked EY with reviewing the curriculums of these professional courses.

Auditing 111

Auditing Accounting 111

CFO Dive

JULY 28, 2023

The SEC’s chief accountant called out the practice by which some crypto companies pay for less “precise” reviews of their business that they misrepresent to investors as audits.

Auditing 242

Auditing Accounting 242

CFO Dive

AUGUST 16, 2023

The firm violated Public Company Accounting Oversight Board standards in connection with an audit of music streaming business Akazoo, the SEC found.

Auditing 246

Auditing Accounting 246

CFO Dive

JANUARY 22, 2024

Archer Daniels Midland named Ismael Roig interim finance chief as the board's audit committee and outside counsel conduct an investigation into accounting practices.

Accounting 283

Accounting Auditing CFO Finance 283

CFO Dive

APRIL 26, 2024

Jonathan Lock’s resignation comes after an internal audit determined he had engaged in unethical financial practices.

Accounting 274

Accounting Auditing CFO 274

CFO Dive

SEPTEMBER 17, 2024

Kubient’s ex-CEO, ex-CFO and former head of audit each lied to the business’ independent auditor and reported $1.3 million in false revenue, the SEC alleges.

CFO 295

CFO Accounting Auditing 295

CFO Selections

JANUARY 7, 2025

Theres an uneducated belief that AI could steal jobs away from skilled professionals across various business facets like accounting and finance. AI is not going to replace your accountant , but what it is going to do is make professionals across finance, accounting, tax, treasury, procurement, and audit better at what they do!

Accounting 97

Accounting Finance Auditing Treasury 97

CFO Dive

OCTOBER 29, 2024

The Big Four accounting and consulting firm is interested in becoming a leader in the emerging AI agent space.

Auditing 280

Auditing Accounting 280

E78 Partners

NOVEMBER 12, 2024

Preparing for a financial audit can be a daunting task, especially for private equity-backed firms where accuracy and efficiency are paramount. This article provides a deeper look at the steps CFOs can take to create a seamless, streamlined audit experience.

Auditing 59

Auditing Financial Planning and Analysis (FP&A) GAAP Compliance 59

E78 Partners

NOVEMBER 19, 2024

Audit season presents a set of unique challenges for private equity-backed companies, particularly those that must balance the expectations of investors with the demands of compliance. Ensure that impairment analyses are completed according to audit priorities, with asset groupings and forecast data that align with GAAP standards.

Auditing 52

Auditing GAAP Restructuring Compliance 52

CFO News

FEBRUARY 17, 2025

The National Financial Reporting Authority (NFRA) has published its 2023 audit inspection report on Price Waterhouse Chartered Accountants LLP (PWCA) and Price Waterhouse & Co Chartered Accountants LLP (PW & Co CA), highlighting issues related to the verification of related party transactions and adherence to independence standards.

Auditing 68

Auditing Financial Reporting Accounting 68

CFO Talks

APRIL 15, 2025

Accountability Isnt Admin Its Your Performance Lever For all the talk about AI-driven forecasting, real-time dashboards, and digitising the finance function, there remains one cornerstone of high-performing finance teams that no technology can replace: accountability. But accountability goes a step further.

Accounting 52

Accounting Forecasting Auditing Compliance 52

The Charity CFO

MARCH 20, 2025

And heres the real kicker: audits dont catch most of it. On a recent episode of A Modern Nonprofit Podcast , Tosha sat down with Jason Kruger, Partner at Citrin Cooperman, to expose the real risks of nonprofit fraudand why audits wont protect you. Why Audits Wont Save You “The easiest way to steal? Payroll padding?

Nonprofit 52

Nonprofit Auditing Accounting Standards CFO 52

CFO Dive

OCTOBER 3, 2023

Newell veiled sub-par sales using various accounting changes and disregarded warnings from its audit committee and auditor, the SEC said.

Auditing 293

Auditing Sales Accounting 293

CFO News

MARCH 10, 2025

The proposal in the Income Tax Bill, 2025 to allow professionals from ICMAI and ICSI to conduct tax audits has sparked a fierce debate. Is broadening the scope of tax audits necessary, or does it risk undermining the integrity of Indias specialized professional bodies? Heres what experts had to say:

Auditing 107

Auditing Accounting 107

The Finance Weekly

DECEMBER 1, 2024

Let’s talk about something every business owner and accountant deals with— account reconciliation. If you’ve ever wondered what account reconciliation is all about or how to do it effectively, this guide has got you covered. What Is Account Reconciliation? Bank Reconciliation This is the most common type.

Reconciliations 52

Reconciliations Accounting General Ledger Invoicing 52

CFO Dive

JULY 5, 2022

The Public Company Accounting Oversight Board describes its main points of scrutiny this year as audit firms face criticism from their clients and regulators.

Auditing 274

Auditing Accounting 274

CFO Dive

DECEMBER 7, 2022

The PCAOB cracked down against KPMG for several alleged violations in the latest sign of tougher oversight of the accounting firms that audit publicly listed companies.

Auditing 274

Auditing Accounting Firms Accounting 274

CFO Dive

APRIL 12, 2023

Back in September, the Big Four accounting firm announced plans to split its auditing and consulting arms into two entities. Now, ‘Project Everest’ has been halted.

Auditing 274

Auditing Accounting Firms Accounting Planning 274

Global Finance

MARCH 2, 2025

Weve got what we think is a rather exciting model, which we describe in a working paper, that helps forecast in advance the likelihood that a firm will go on to commit accounting fraud. But mostwell, allof the research into accounting fraud has focused on detection rather than prevention. Joanne Horton: Yes.

Forecasting 112

Forecasting Auditing Accounting Profit and Loss 112

The Charity CFO

APRIL 29, 2022

Many nonprofit organizations both large and small need to undergo a financial statement audit every year. Preparing for a nonprofit audit can be overwhelming and anxiety-filled, especially if it’s your first audit or you don’t have a strong and experienced financial team. What is a financial statement audit?

Nonprofit 105

Nonprofit Auditing General Ledger Reconciliations 105

CFO News

SEPTEMBER 27, 2023

The Telangana High Court has ruled that the National Financial Reporting Authority does not have jurisdiction over audits prior to its constitution in October 2018. Legal and audit experts debate the issue.

Auditing 111

Auditing Accounting Financial Reporting 111

CFO Dive

JUNE 27, 2023

The layoffs will include cuts in its audit business — a notable shift given the company and the industry have recently struggled with accounting talent shortages.

Auditing 260

Auditing Accounting 260

CFO News

APRIL 1, 2025

In an exclusive interview with ETCFO, he addressed the technical challenges of such a merger, key considerations for its success, and the need for equal empowerment of all accounting professionals to conduct tax audits.

Auditing 98

Auditing Accounting 98

CFO News

JUNE 25, 2023

For the very first episode of the ETCFO Accounting Diaries, we have with us Milind Kothari, chief BDO India who talked about the roadmap for joint audits in India. Taking an affirmative stance, Kothari believes joint audits will iron out quality issues and improve competition in the audit markets. Read here:

Auditing 98

Auditing Accounting Marketing 98

The Charity CFO

DECEMBER 30, 2021

Contrary to what many people envision, a nonprofit audit doesn’t usually start with a letter from the IRS. Instead, an independent nonprofit audit is something you choose to build trust in your nonprofit organization. An audit can be a critical step for a growing nonprofit that needs to raise increasing amounts of funds.

Nonprofit 98

Nonprofit Auditing GAAP Accounting Principles 98

Global Finance

DECEMBER 26, 2024

With a doctorate in accounting and auditing from Frances Universite Paul Verlaine, trilingual in Arabic, French and English, Raouf returned home to teach at Damascus University. Raouf, 49, cuts a lonely figure as the only Bashar al-Assad appointee retaining a top cabinet post after the dictators shocking ouster by Islamist rebels.

Finance 119

Finance Auditing Currencies Banking 119

Future CFO

MAY 26, 2022

EY is considering a global audit spinoff amid growing regulatory pressure, according to media reports. EY and other Big Four accounting firms — PwC, Deloitte, and KPMG — have long been slammed for their lack of independence in their auditing of company accounts from which they also generate income with consulting, tax, and advisory services.

Auditing 97

Auditing Accounting Firms Accounting 97

The Charity CFO

MARCH 31, 2023

The word audit can invoke instant fear and dread. Whether it’s an IRS audit, external audit, or even an internal audit, the process can feel burdensome and worrying. Contrary to popular belief, most audits are not conducted to detect a problem. Should My Nonprofit Obtain an Independent Audit?

Nonprofit 98

Nonprofit Auditing Compliance CFO 98

CFO News Room

NOVEMBER 14, 2022

accounting regulators to inspect China-based audits is raising questions about the role of unregistered auditors in the Chinese gambling enclave of Macau, where several U.S.-listed audit watchdog. A recent agreement between Washington and China allowing U.S. listed casino businesses operate. Lead auditors, often the U.S.

Auditing 100

Auditing CFO Accounting Corporate Finance 100

CFO Dive

MARCH 12, 2025

The audit watchdog imposed fines as high as $700K on nine KPMG member firms for failing to disclose other accounting firms involved in audits, among other quality control violations.

Auditing 175

Auditing Accounting Firms Accounting 175

The Charity CFO

APRIL 1, 2025

Its not just about clean books or audit prep. WHY WE CREATED THE CHARITY CFO FINANCIAL BLUEPRINT Over the years, our team of nonprofit accounting and CFO professionals has developed a deep understanding of the patterns behind nonprofit financial successand failure.

Nonprofit 98

Nonprofit CFO Leadership Cash Flow Forecasting 98

Bramasol

MAY 13, 2024

Discover how SAP solutions lay a solid foundation for audits and next level PCAOB or AICPA compliance reviews. While passing each audit is a critically important milestone, companies also should understand that it is only one aspect of ensuring their financial transparency and integrity.

Auditing 84

Auditing Compliance SAP Accounting Standards 84

CFO Talks

NOVEMBER 25, 2024

How to Handle It: Stand firm on ethical accounting practices and remind decision-makers of the long-term implications of financial misrepresentation. Escalate concerns to the audit committee or external advisors if internal discussions don’t resolve the issue.

Leadership 98

Leadership Auditing Profit and Loss Compliance 98

Embark With Us

DECEMBER 13, 2022

As a business leader at a growing company, a financial statement audit probably isn't top-of-mind right now. After all, you also have to grow revenue, manage day-to-day operations, and navigate a pretty volatile marketplace.

Auditing 98

Auditing Accounting 98

CFO News Room

NOVEMBER 22, 2022

Newly released federal audits reveal widespread overcharges and other errors in payments to Medicare Advantage health plans for seniors, with some plans overbilling the government more than $1,000 per patient a year on average. Originally published at Kaiser Health News.

Auditing 100

Auditing Planning Accounting Economics 100