Regulation
The latest news on accounting standards, developments at FASB, IASB, IFAC, and the PCAOB, along with government regulations from agencies like the SEC, FTC, and international bodies.
IASB Chair Hoogervorst Sees Great Potential for XBRL
Hans Hoogervorst, chairman of the International Accounting Standards Board, said Wednesday that he believes Extensible Business Reporting Language, or XBRL, has “the potential to improve the effectiveness of financial reporting.” Read more »
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Auditing and Accounting Standards in Transition
May 18, 2012A group of high-ranking officials in accounting and auditing standard-setting organizations... Read more »
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Accounting Firm Leaders under Pressure
May 17, 2012CPA firms are starting to feel more pressure again from the economy as the recovery ever so... Read more »
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GASB Releases School District Finance Guide
May 16, 2012The standard-setter publishes a new user guide to help taxpayers understand the financial... Read more »
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PCAOB Sees Progress in China Inspection Talks
May 9, 2012The Public Company Accounting Oversight Board is making some progress in its efforts to inspect... Read more »
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SEC Charges Deloitte with Refusing to Produce China Work Papers
May 9, 2012The Securities and Exchange Commission has filed charges in an enforcement action against... Read more »
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House Unanimously Passes Digital Accountability Legislation
April 26, 2012On a unanimous voice vote, the House has approved the Digital Accountability and Transparency... Read more »
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Jeanette Franzel Brings GAO Skills to PCAOB
April 23, 2012The newest member of the Public Company Accounting Oversight Board, Jeanette Franzel, is only the... Read more »
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Groupon Accounting Problems Put Spotlight on Board
April 17, 2012Groupon Inc, the online coupon company that floated just months ago in the strongest IPO in... Read more »
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New Rules Strengthen Risk Management for Financial Markets
April 16, 2012A pair of international standard-setters have released a final report on the principles for... Read more »
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Islamic Finance Pressured to Join Accounting Mainstream
April 9, 2012The rapid growth of Islamic finance is increasing pressure on the industry to enter the... Read more »
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Obama Signs JOBS Act for Small Businesses into Law
April 5, 2012President Obama signed into law on Thursday the Jumpstart Our Business Startups Act, also known... Read more »
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CAQ Gives Qualified OK to New COSO Framework
April 2, 2012The Center for Audit Quality sees benefits in the updated Internal Control-Integrated Framework... Read more »
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Assurance News
April 1, 2012The latest in accounting regulation, standard-setting and more. Read more »
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What's New at Grant Thornton
May 14, 2012
CEO Stephen Chipman talks about his firm's new brand focus on growth, and its recent M&A activity.
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Keeping your clients from running afoul of IRS rules around payroll taxes will help them avoid stiff penalties.
Favorite Busy Season Activities
April 10, 2012
LinkedIn Accounting members share the best methods to bust stress and boost morale.
The Best Places to Be an Accountant 2012
March 27, 2012
From our 2012 Regional Leaders list, we rank the best parts of the country to operate an accounting firm.
More Wacky Tax Deductions
March 26, 2012
LinkedIn members point out some weird tax deductions their clients have suggested.
