Accounting News




TRMC audit: $10 million in accounting mistakes
An annual audit for the Tulare Regional Medical Center, released Wednesday, has discovered almost $10 million in accounting errors, many connected with payroll transactions between the hospital and its managing agency, Healthcare Conglomerate ...

ACCA hosts accounting leaders at integrated reporting event
The Association of Chartered Certified Accountants welcomed top officials from some of the world's leading accounting organizations to an event highlighting the growing importance of integrated reporting. Leaders of the ACCA, the International ...

Accounting is Fundamental in Every Business
Every business imaginable needs effective record-keeping practices and accountants to manage them — especially industries where accounting doesn't immediately come to mind. Professional sports organizations are filled with financial advisors, as is ...

Accounting News Roundup: KPMG and Wells Fargo; Pass-through Tax Rates | 04.26.17
In an April 25 letter to Public Company Accounting Oversight Board Chairman James Doty, Massachusetts Senators Elizabeth Warren and Edward Markey said they were concerned that the accounting company issued clean audit reports for Wells Fargo & Co ...

Report: Two Triad undergrad accounting programs among top 20 in the U.S.
Wake Forest University and Elon University have some of the best undergraduate accounting programs in the nation, according to a new survey. The survey, by Accounting.com, lists the top 50 bachelor's programs at colleges and universities for accounting ...

Perrigo Reaches Agreement With Auditor Over Royalty Accounting
Perrigo Co.'s PRGO 1.13% agreement with auditor Ernst & Young over an accounting issue, announced late Tuesday, paves the way for the drugmaker to file its delayed 10K annual report and removes one problem from CEO John Hendrickson's overfull ...

Audit rips accounting in Pennsylvania jobless benefit system
Auditor General DePasquale Tuesday said an audit has found major accounting and oversight problems in the state's unemployment compensation system. While acknowledging improvements were made, DePasquale slammed Labor & Industry's ...

Elon accounting program ranked among nation's best
Elon University's accounting program is 19th in the nation in a ranking by Accounting.com, an online resource for accounting students and professionals. The program is part of the Martha and Spencer Love School of Business. Only two other North ...

How Donald Trump Could Ensure the Latest Yuge Accounting Scandal Is the Last One
Subsequent work by accounting, criminology and legal scholars has shown that behind most accounting scandals is not so much criminal intent as good people who get lured into wrongdoing by moral laxity and errors in judgment influenced by financial ...

Accounting Adjustments Make Alphabet's Valuation Below Market And Too Pessimistic
However, after making the appropriate adjustments under Uniform Accounting Financial Reporting Standards (UAFRS), it is apparent that profitability has actually been much stronger than as-reported metrics suggest, and still growing materially, which ...

IFRS Foundation plans for 2017 and beyond
The IFRS Foundation, the group that oversees the International Accounting Standards Board and its work on International Financial Reporting Standards, issued its annual report for 2016 on Tuesday, with a look ahead at where global standards are ...

Donation from UT alumni to benefit accounting faculty
The Barrys, who live in Scottsdale, Ariz., donated the money to recruit or retain an accounting professor, as well as cover costs related to faculty recruitment, research projects, faculty and staff development, curriculum development, teaching ...