CFO Dive

JULY 28, 2023

The SEC’s chief accountant called out the practice by which some crypto companies pay for less “precise” reviews of their business that they misrepresent to investors as audits.

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Auditing Accounting 241

CFO Dive

AUGUST 16, 2023

The firm violated Public Company Accounting Oversight Board standards in connection with an audit of music streaming business Akazoo, the SEC found.

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Auditing Accounting 246

CFO Dive

JANUARY 22, 2024

Archer Daniels Midland named Ismael Roig interim finance chief as the board's audit committee and outside counsel conduct an investigation into accounting practices.

Accounting 277

Accounting Auditing CFO Finance 277

CFO Dive

SEPTEMBER 17, 2024

Kubient’s ex-CEO, ex-CFO and former head of audit each lied to the business’ independent auditor and reported $1.3 million in false revenue, the SEC alleges.

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CFO Accounting Auditing 287

The Charity CFO

APRIL 2, 2025

When it comes to Federal Single Audits , nonprofits often make costly mistakes that lead to compliance issues, financial weaknesses, and material deficiencies. Below, we break down the top audit findings and what nonprofits need to know to stay compliant. Make sure your documentation is complete.

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Auditing Nonprofit Compliance CFO 82

CFO Dive

APRIL 26, 2024

Jonathan Lock’s resignation comes after an internal audit determined he had engaged in unethical financial practices.

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Accounting Auditing CFO 269

CFO Selections

JANUARY 7, 2025

Theres an uneducated belief that AI could steal jobs away from skilled professionals across various business facets like accounting and finance. AI is not going to replace your accountant , but what it is going to do is make professionals across finance, accounting, tax, treasury, procurement, and audit better at what they do!

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Accounting Finance Auditing Treasury 97

E78 Partners

NOVEMBER 12, 2024

Preparing for a financial audit can be a daunting task, especially for private equity-backed firms where accuracy and efficiency are paramount. This article provides a deeper look at the steps CFOs can take to create a seamless, streamlined audit experience.

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Auditing Financial Planning and Analysis (FP&A) GAAP Compliance 59

CFO Dive

OCTOBER 29, 2024

The Big Four accounting and consulting firm is interested in becoming a leader in the emerging AI agent space.

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Auditing Accounting 273

The Charity CFO

MAY 13, 2025

Top 5 Signs Your Accounting Is a Mess (And How to Fix It) When your nonprofits finances feel offbut you cant quite put your finger on whyits often because the accounting system is quietly unraveling behind the scenes. To fix this, start by performing monthly reconciliations for every bank and credit card account.

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Accounting Nonprofit Reconciliations CFO 82

E78 Partners

NOVEMBER 19, 2024

Audit season presents a set of unique challenges for private equity-backed companies, particularly those that must balance the expectations of investors with the demands of compliance. Ensure that impairment analyses are completed according to audit priorities, with asset groupings and forecast data that align with GAAP standards.

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Auditing GAAP Restructuring Compliance 52

CFO News

FEBRUARY 17, 2025

The National Financial Reporting Authority (NFRA) has published its 2023 audit inspection report on Price Waterhouse Chartered Accountants LLP (PWCA) and Price Waterhouse & Co Chartered Accountants LLP (PW & Co CA), highlighting issues related to the verification of related party transactions and adherence to independence standards.

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Auditing Financial Reporting Accounting 68

CFO News

MARCH 10, 2025

The proposal in the Income Tax Bill, 2025 to allow professionals from ICMAI and ICSI to conduct tax audits has sparked a fierce debate. Is broadening the scope of tax audits necessary, or does it risk undermining the integrity of Indias specialized professional bodies? Heres what experts had to say:

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Auditing Accounting 107

The Charity CFO

MAY 12, 2025

When youre running a nonprofit, its tempting to think of accounting as something you can get by withmaybe its a part-time admin, a volunteer with QuickBooks experience, or a reactive scramble at tax time. But heres the truth: If your organization doesnt have a skilled accounting team, you dont just have a bookkeeping problem.

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Nonprofit Accounting Leadership CFO 90

CFO Dive

OCTOBER 3, 2023

Newell veiled sub-par sales using various accounting changes and disregarded warnings from its audit committee and auditor, the SEC said.

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Auditing Sales Accounting 286

The Finance Weekly

DECEMBER 1, 2024

Let’s talk about something every business owner and accountant deals with— account reconciliation. If you’ve ever wondered what account reconciliation is all about or how to do it effectively, this guide has got you covered. What Is Account Reconciliation? Bank Reconciliation This is the most common type.

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Reconciliations Accounting General Ledger Invoicing 52

CFO Dive

JULY 5, 2022

The Public Company Accounting Oversight Board describes its main points of scrutiny this year as audit firms face criticism from their clients and regulators.

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Auditing Accounting 269

Global Finance

MARCH 2, 2025

Weve got what we think is a rather exciting model, which we describe in a working paper, that helps forecast in advance the likelihood that a firm will go on to commit accounting fraud. But mostwell, allof the research into accounting fraud has focused on detection rather than prevention. Joanne Horton: Yes.

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Forecasting Auditing Accounting Profit and Loss 112

CFO Dive

DECEMBER 7, 2022

The PCAOB cracked down against KPMG for several alleged violations in the latest sign of tougher oversight of the accounting firms that audit publicly listed companies.

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Auditing Accounting Firms Accounting 269

CFO Dive

APRIL 12, 2023

Back in September, the Big Four accounting firm announced plans to split its auditing and consulting arms into two entities. Now, ‘Project Everest’ has been halted.

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Auditing Accounting Firms Accounting Planning 269

The Charity CFO

MARCH 20, 2025

And heres the real kicker: audits dont catch most of it. On a recent episode of A Modern Nonprofit Podcast , Tosha sat down with Jason Kruger, Partner at Citrin Cooperman, to expose the real risks of nonprofit fraudand why audits wont protect you. Why Audits Wont Save You “The easiest way to steal? Payroll padding?

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Nonprofit Auditing Accounting Standards CFO 52

CFO News

SEPTEMBER 27, 2023

The Telangana High Court has ruled that the National Financial Reporting Authority does not have jurisdiction over audits prior to its constitution in October 2018. Legal and audit experts debate the issue.

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Auditing Accounting Financial Reporting 111

CFO Talks

APRIL 15, 2025

Accountability Isnt Admin Its Your Performance Lever For all the talk about AI-driven forecasting, real-time dashboards, and digitising the finance function, there remains one cornerstone of high-performing finance teams that no technology can replace: accountability. But accountability goes a step further.

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Accounting Forecasting Auditing Compliance 52

CFO Dive

JUNE 27, 2023

The layoffs will include cuts in its audit business — a notable shift given the company and the industry have recently struggled with accounting talent shortages.

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Auditing Accounting 257

CFO News

JUNE 25, 2023

For the very first episode of the ETCFO Accounting Diaries, we have with us Milind Kothari, chief BDO India who talked about the roadmap for joint audits in India. Taking an affirmative stance, Kothari believes joint audits will iron out quality issues and improve competition in the audit markets. Read here:

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Auditing Accounting Marketing 98

The Charity CFO

APRIL 29, 2022

Many nonprofit organizations both large and small need to undergo a financial statement audit every year. Preparing for a nonprofit audit can be overwhelming and anxiety-filled, especially if it’s your first audit or you don’t have a strong and experienced financial team. What is a financial statement audit?

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Nonprofit Auditing General Ledger Reconciliations 98

Global Finance

DECEMBER 26, 2024

With a doctorate in accounting and auditing from Frances Universite Paul Verlaine, trilingual in Arabic, French and English, Raouf returned home to teach at Damascus University. Raouf, 49, cuts a lonely figure as the only Bashar al-Assad appointee retaining a top cabinet post after the dictators shocking ouster by Islamist rebels.

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Finance Auditing Currencies Banking 119

Future CFO

MAY 26, 2022

EY is considering a global audit spinoff amid growing regulatory pressure, according to media reports. EY and other Big Four accounting firms — PwC, Deloitte, and KPMG — have long been slammed for their lack of independence in their auditing of company accounts from which they also generate income with consulting, tax, and advisory services.

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Auditing Accounting Firms Accounting 97

CFO News Room

NOVEMBER 14, 2022

accounting regulators to inspect China-based audits is raising questions about the role of unregistered auditors in the Chinese gambling enclave of Macau, where several U.S.-listed audit watchdog. A recent agreement between Washington and China allowing U.S. listed casino businesses operate. Lead auditors, often the U.S.

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Auditing CFO Accounting Corporate Finance 100

CFO News

APRIL 1, 2025

In an exclusive interview with ETCFO, he addressed the technical challenges of such a merger, key considerations for its success, and the need for equal empowerment of all accounting professionals to conduct tax audits.

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Auditing Accounting 98

CFO News

MAY 14, 2025

SEBI has broadened the eligibility criteria for professionals who can be part of the internal audit teams at Credit Rating Agencies. The revised rules now permit Cost Accountants alongside Chartered Accountants.

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Auditing Accounting Securities 40

The Charity CFO

MARCH 31, 2023

The word audit can invoke instant fear and dread. Whether it’s an IRS audit, external audit, or even an internal audit, the process can feel burdensome and worrying. Contrary to popular belief, most audits are not conducted to detect a problem. Should My Nonprofit Obtain an Independent Audit?

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Nonprofit Auditing Compliance CFO 90

CFO News

MAY 19, 2025

Bandhan Bank has appointed Navin Sharma as its new Chief Audit Executive and Head of Internal Audit, effective May 19. Sharma, a seasoned Chartered Accountant with 24 years of experience, joins from ICICI Bank, where he led the Business Internal Audit vertical.

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Auditing Banking Accounting 40

Bramasol

MAY 13, 2024

Discover how SAP solutions lay a solid foundation for audits and next level PCAOB or AICPA compliance reviews. While passing each audit is a critically important milestone, companies also should understand that it is only one aspect of ensuring their financial transparency and integrity.

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Auditing Compliance SAP Accounting Standards 94

CFO News

MAY 5, 2025

The top 10 audit firms collectively accounted for 803 company audits, or 39% of the NSE-listed universe. However, the market remains highly fragmented, with 608 audit firms handling just one listed company each, and only 22 firms managing ten or more mandates.

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Auditing Accounting Marketing 40

CFO News

MAY 14, 2025

IndusInd Bank is facing scrutiny over past accounting reversals flagged in a whistleblower letter to the RBI and the board. These issues led to internal and forensic audits, executive resignations, and a significant financial provision.

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Accounting Banking Auditing 40