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Audit & Accounting

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September 23, 2019

BDO USA sees 11.8% revenue increase, sets sights on 'Big Five'

By Michael Cohn 3 min read

BDO USA LLP reported a record level of revenue in the fiscal year ending June 30, 2019, as the firm re-elected Wayne Berson to his third term as CEO.

Study questions value of audit partner disclosure

By Michael Cohn 2 min read

A rule requiring audit firms to disclose the names of engagement partners who participated in an audit may not be having much of an impact on audit quality.

Companies still behind schedule on lease accounting standards

By Michael Cohn 2 min read

Only 26.3 percent of public company execs say their implementation of the lease accounting standard is complete, according to a new survey by Deloitte.

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FASB’s CECL extension: What should you do now?

By Mark Mishler 2 min read

To ensure entities have reliable and proper historical data accumulated when they implement CECL, they should start start cleaning up their data.

Early CAMs disclosures show signs of boilerplate text

By Michael Cohn 8 min read

The initial batch of audit reports for large accelerated filers describing critical audit matters don’t necessarily provide a whole lot of illuminating information.

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