The board released guidance Monday to improve the accounting and financial reporting requirements for state and local governments.

Macy’s said an investigation into accounting problems found that a rogue employee hid more than $151 million in expenses to cover up a bookkeeping mistake and wasn't motivated by personal or ...

National Security Advisor Jake Sullivan defended the Pentagon on Sunday after it was revealed that the agency made an accounting error of at least $3 billion.

The Pentagon has found $2 billion worth of additional errors in its calculations for ammunition, missiles, and other equipment sent to Ukraine, a U.S. government report revealed on July 25.

The financial audit revealed most of the $1.8 billion was made up of entries made in a conversion error, not amounting to real cash.

An accounting error will mean smaller checks for city of Atlanta employees.