0:00 / 0:00 Play Fullscreen Download Mute Cast Captions Playback speed Listen to article Length (6 minutes) AD Loading advertisement... 00:00 / 05:30 1x This article is in your queue. Open Queue The Financial Accounting Standards Board in 2023 wants to get closer to finalizing key rules, ranging from companies sharing more details on cryptocurrency holdings to breaking out certain expenses on income statements. The upshot: A wave of more work for businesses, more details for investors and...

“New industries and technologies present unique challenges to company accountants and their auditors,” said Helen Munter, chief executive of consulting firm Adigeo LLC and former director of registration and inspections at the Public Company Accounting Oversight Board, which regulates the audits of public companies in the U.S. The Wirecard scandal has put a spotlight on the effectiveness of company audits. Wirecard on June 18 said its auditor, Ernst & Young, couldn’t confirm the existence of...

Vaco LLC, a private equity-backed executive recruiter and talent consulting company, has acquired MorganFranklin Consulting LLC in a bid to strengthen its financial consulting services. Vaco, based in Brentwood, Tenn., last week bought MorganFranklin Consulting LLC, a McLean, Va.-based finance and technology adviser with regional offices across the U.S. The companies didn’t disclose the purchase price but said their combined annual revenue is about $750 million. ...