To Brett Whitaker and Mauro Botta the failings of the accounting industry aren't just a matter of alarming statistics or fears about a potential financial crisis. They're personal. Both tried to raise ...

Accountants can use any one of three methods for calculating inventory value and cost to keep a business in compliance with accepted accounting standards. Each method can present different problems ...

T-accounting is a method used by accountants and bookkeepers that gets its name from the T shape formed by the two columns used to record entries. Also called double-entry accounting, T-accounting ...

Public companies are less likely these days to have to restate their earnings or other financial figures. Clients of PricewaterhouseCoopers LLP are bucking this trend recently, new data show. The Big ...

NEW YORK (Reuters) - Groupon Inc, the online coupon company that floated just months ago in the strongest IPO in years, has had recurring accounting problems that critics say show a need for more ...

Forbes contributors publish independent expert analyses and insights. Peter Cohan, a Boston-based senior contributor, covers stocks. This article is more than 6 years old. Disgraced Wall Street ...

COLONIE - Roughly a year after disclosing that it had made unintentional errors on its financial filings with federal regulators over a period of several years, fuel cell maker Plug Power has fired ...

Countries are adopting very different strategies for how they take into account carbon pulled out of the air by their forests. Scientists have identified a staggering 5.5 billion ton gap between ...

For accountants like me, the promise of artificial intelligence is exciting. Why wouldn’t it be? The profession’s biggest firms - like EY and PwC - are deploying AI technology in their auditing and ...

IMGCAP(1)]Whenever I meet a new accountant, I always ask them, “Does your firm have a department specializing in Space Accounting?” It is surprising to me when they respond with expressions of ...

The Massachusetts Society of CPAs released a report Tuesday that found widespread problems with diversity, equity, inclusion and belonging in the accounting profession. Processing Content The report ...