issues in accounting

H.R. 6769 / S. 3494 Trusted Foreign Auditing Act of 2023, amendments to the Sarbanes-Oxley Act of 2002 impacting the accounting profession.

Understanding the Context

General issues on corporate disclosure; General issues ... Forbes: New CFO Concern: Cybersecurity Issues Are Now An Internal Accounting Controls Problem New CFO Concern: Cybersecurity Issues Are Now An Internal Accounting Controls Problem The Gazette: ADM announces plan to address accounting issues, posts earnings miss Global grains merchant Archer-Daniels-Midland announced a plan to fix accounting issues that caused it to correct certain transactions in six years of financial results on Tuesday, though the plan ... The accounting profession has been grappling with an ongoing talent shortage for a decade or more. Not enough college students are studying accounting, fewer go on to become CPAs, and even fewer are ...

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Key Insights

The Public Company Accounting Oversight Board (PCAOB) has released a new resource publication titled “Audit Focus: Auditing Accounting Estimates,” to assist smaller audit firms in tackling accounting ... Numerous financial issues plagued Sumter County Schools in the 2023 fiscal year, a recent state audit found, painting a picture of just how messy the district’s finances were in the months leading up ...