PWC

New Accounting Rules Test Companies’ Mettle
Risk & Compliance

New Accounting Rules Test Companies’ Mettle

Forty-two percent of public companies are either still assessing the impact of the new lease accounting rules or have not even gotten that far, finds PwC.
By David McCann | June 8, 2018
Read More
Private Companies: Let the Good Times Roll
The Economy

Private Companies: Let the Good Times Roll

Strong demand helps push private-company executives to a historically high level of optimism.
By David McCann | April 19, 2018
Read More
What Will Artificial Intelligence Be Doing in 2018?
Technology

What Will Artificial Intelligence Be Doing in 2018?

AI will not affect employment this year; it will be used for specific, practical purposes; it will ratchet up the intensity of cyber-battles; and more.
By David McCann | January 22, 2018
Read More
PwC Fined $2M Over Indian Accounting Fraud
Risk & Compliance

PwC Fined $2M Over Indian Accounting Fraud

India's securities regulator sanctions the firm for failing to detect the $1.7 billion fraud at Satyam Computer Services.
By Matthew Heller | January 12, 2018
Read More
PwC Found Liable for $2B Colonial Bank Fraud
Risk & Compliance

PwC Found Liable for $2B Colonial Bank Fraud

A judge rules the accounting firm failed to meet professional standards in its audits of Colonial's mortgage warehouse lending division.
By Matthew Heller | January 2, 2018
Read More
CFO Data Alert: New EU Law Has Teeth for U.S. Cos.
Technology

CFO Data Alert: New EU Law Has Teeth for U.S. Cos.

After May 25, 2018, companies found violating the General Data Protection Regulation are subject to fines of up to 4% of their annual worldwide revenues.
By Brian Cohen | December 28, 2017
Read More
Enemy Cyber Campaigns Target Private Sector
The Cloud

Enemy Cyber Campaigns Target Private Sector

World War II strategy offers insights into how nation-states are hacking into U.S. companies.
By David Katz | November 2, 2017
Read More
Wells Fargo Reports More Problem Accounts
Fraud

Wells Fargo Reports More Problem Accounts

The bank says it may have created up to 3.5 million accounts without customers’ authorization, well in excess of its previous 2.1 million estimate.
By Matthew Heller | September 1, 2017
Read More
UK Watchdog Fines PwC $6.6M Over Audit
Risk & Compliance

UK Watchdog Fines PwC $6.6M Over Audit

The record fine punishes PwC for "extensive" misconduct in its audit of professional services firm RSM Tenon.
By Matthew Heller | August 16, 2017
Read More
Technology Will Force Tax Managers to Up Their Game
Training

Technology Will Force Tax Managers to Up Their Game

As automation inevitably takes over technical tax work, tax professionals will be challenged to develop new skills in order to provide business value.
By David McCann | June 8, 2017
Read More
Toshiba Issues ‘Going Concern’ Warning
Strategy

Toshiba Issues ‘Going Concern’ Warning

The company's auditor refuses to certify its Q3 results in “a highly unusual signal of doubt about [its] ability to recover its financial health."
By Matthew Heller | April 11, 2017
Read More
PwC Settles $3B Suit Over MF Global Collapse
Risk & Compliance

PwC Settles $3B Suit Over MF Global Collapse

The firm was accused of "extraordinary" negligence in approving the accounting treatment for MF Global's investments in European soveriegn debt.
By Matthew Heller | March 23, 2017
Read More
Internal Audit Losing Prestige, Survey Finds
Talent Management

Internal Audit Losing Prestige, Survey Finds

Most internal auditors are slow to help employers prepare for major corporate “disruptions” like big regulatory changes and cyber attacks.
By David Katz | March 22, 2017
Read More
Cash-Flow Forecasting Still Vexing
Risk

Cash-Flow Forecasting Still Vexing

Why is cash-flow forecasting still so frustrating for treasury departments?
By Vincent Ryan | February 14, 2017
Read More
Artificial Intelligence Comes to Financial Statement Audits
Workplace Issues

Artificial Intelligence Comes to Financial Statement Audits

Only human beings, such as the auditor, can tell the true story behind the data.
By Bill Brennan, Mike Flynn, and Mike Baccala | February 2, 2017
Read More
Previous Next