The update notes that using AR-C section 70 is optional, but accountants can choose to apply it in full or in part as they see fit.

The AICPA Accounting and Review Services Committee (ARSC) voted Wednesday to issue an amendment clarifying that a CPA preparing financial statements as part of a consulting services engagement ...

A bank statement is a document that shows your transactions over a period of time. Most banks provide free bank statements online or mail paper statements to your home. You'll need to provide a ...

In response, the Chairman of the House Committee on Public Accounts, Hon. Bamidele Salam, called on the AGF to expedite the submission of the 2022 Consolidated Financial Statement as required by ...

Veradigm, a healthcare data company, confirmed on Tuesday it overstated its revenue in prior year-end financial statements. The company found discrepancies in its financial statements from 2020 ...

Britain's Financial Reporting Council said on Wednesday it is investigating accountancy firm EY's audit of state-owned Post ...