PwC signed off on WHSmith’s accounts for the three years where the retailer has subsequently disclosed an overstatement of ...

Another downward revision for North American FY25 profits is a further blow for the pure-play travel retailer.

Carl Cowling steps down as retailer discloses worse than expected hit to profits from discrepancies in its US business ...

WH Smith Plc’s Chief Executive Officer Carl Cowling resigned, as the British retailer said an accounting error that forced it to slash its profit outlook in North America was larger than expected.

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Andy Smith is a Certified Financial Planner ...

If you own a manufacturing business and are looking for ways to boost profits by reducing costs and improving efficiency, know that outsourcing accounting tasks can help you achieve these goals.

Joe Purvis, CPA, has taken a different tone with his not-for-profit clients this year with respect to lease accounting. For the past several years, each time Purvis’s not-for-profit clients have asked ...

The company did not explain how a £7m error translated into a downgrade of up to £40m for annual profitability.

Cash-rich companies need an excuse to do better on the environment: Impact weighted accounting can give them the cover they need. On the surface, there’s perhaps little that seems exciting about a big ...

ChristianaCare and Main Line Health slashed their depreciation expenses by extending the maximum expected life of buildings ...

The Financial Accounting Standards Board proposed an accounting standards update Thursday that would add illustrative guidance to help companies determine whether the profits interest and similar ...

When accounting for Paycheck Protection Program (PPP) loans, for-profit entities may wish to apply the conditional contribution method that has been more commonly associated with not-for-profits’ PPP ...