Shell will amend its regulatory filings with the US Securities and Exchange Commission for the two years EY had breached the rules, while the FRC said it was aware and reviewing the issue in the UK.

OMB Chief Russell Vought calls for using a single-year model to present financial statement audits to help improve financial ...

Federal financial management experts say OMB’s update to how agencies and auditors complete federal financial statements has been a long-time goal.

Officials are considering handing the corporate regulator the power to punish major accounting and consulting firms for the ...

The North Amityville Fire Company has made progress in tightening its financial oversight, but a New York State audit says more improvements are still needed.

A state audit of Ithaca’s finances found no major financial problems but flagged operational issues in the city controller’s office, according to The Ithaca Voice. The review, which began in late 2024 ...

The Office of Management and Budget on Monday sent a memo to executive department and agency heads directing them to change ...