An audit of the Los Angeles Homeless Services Authority has found that lax accounting procedures. The LAHSA executive director says she knew of these problems and has been working to fix them.

Shares of Super Micro Computer (NASDAQ: SMCI) were soaring today after the scandal-ridden artificial intelligence (AI) server maker finally had some good news to share with investors. The company, which has unraveled over accounting issues,

Archer-Daniels-Midland Co. restated previous earnings, after earlier this month identifying new accounting errors, in a key step to regain investor confidence.

Metrics like free cash flow; adjusted net income; and earnings before interest, taxes, depreciation, and amortization are ubiquitous in corporate earnings reports. Now the US accounting standard-setter wants to know if they should be part of financial statements too.

Accounting graduates are seeing higher initial pay, and a majority of large firms plan to address workload issues in the next six months. These trends are welcomed, but more is needed, writes Sue Coffey,

Qualified fixed assets are eligible for a one-off deduction policy before corporate income tax in China. Here is everything you should know.