A short-seller report that questioned the company’s accounting practices triggered a Department of Justice investigation.
Category: NYT Accounting News
IAASB releases adoption guide on ISA for LCE
The resource is designed to help jurisdictions adopt the International Standard on Auditing for Audits of Financial Statements of Less Complex Entities.
Managing the second tax season
The run-up to Oct. 15 requires its own set of strategies and tactics.
FloQast rolls out unified platform for all solutions
FloQast announced it has rolled its entire solution portfolio into the new Accounting Transformation Platform, and added a few new ones on top of that.
FASB proposes hedge accounting standards update
The proposed amendments would clarify guidance on hedge accounting and address issues that arose from the global reference rate reform initiative.
U.S. investigating SAP, Carahsoft for possible price-fixing
The investigation is covering sales of the German accounting software giant’s solutions to U.S. government agencies.
CPE platform LumiQ gets PE investment
Continuing professional education platform LumiQ has received a strategic investment from private equity firm Vertu Capital.
NCCPAP approves new board
The National Conference of CPA Practitioners finalized the new slate of officers and directors for the 2024-25 term.
SEC charges tech CEO with $30M fraud
The software company co-founder allegedly raised more than $30 million by falsely claiming the company had millions of dollars in annually recurring revenue.
PCAOB sanctions five firms
The sanctions against Accell, Crowe MacKay, EY Switzerland, Grant Thornton Canada and Halpern 7 Associates come following an ongoing enforcement sweep.