Lease Accounting: What’s the Holdup?
"Many companies will likely struggle to be ready by the effective date” of the updated lease accounting standard, says a Deloitte executive.
SEC Charges Foreign Affiliates of KPMG, Deloitte, and BDO
The foreign firms participated in audits that skirted the full oversight of the Public Company Accounting Oversight Board.
Justifying Judgment When Recognizing Revenue
How to address challenges when applying the FASB's new principles-based model for revenue recognition.
CFO Offers M&A Advice: People First
Success depends on keeping both teams engaged, says Calabrio finance chief Jenny Kray, a veteran of nine M&A deals.
FASB Leasing Tweak Offers ‘Big Relief’
Companies wouldn’t have to apply the new standard to 2017 and 2018 leasing results.
Deloitte Confirms Hack Breached Email System
The hack may have compromised confidential client data and is “a deep embarrassment for Deloitte," which itself provides cybersecurity services.
Creating a Cognitive Audit
While it's unlikely that auditors will be automated out of existence, cognitive technologies can bring value to the audit.
Finance Chiefs Praise Deloitte’s CFO Academy
Participants and the CFOs who send them to the program express passion for the development of future finance leaders.
Higher Pay for Auditors Leads to Fewer Restatements
The more a Big Four firm pays its auditors, the fewer restatements its clients have, finds a new study.
Revenue Recognition Disclosure Requirements: A Challenge That Can’t Wait
FASB’s revenue recognition standard includes complex disclosure requirements that will take effect sooner than companies think.
Many Companies Taking a Pass on Buying Cyber Insurance
Lack of a standard language, concern over potential coverage gaps, and uncertainty over the value of policies are making businesses wary.