Audit & Accounting

Other companies' and countries' experiences offer useful lessons in preparing your clients for adopting IFRS

the trustees of the Financial Accounting Foundation's board of trustees voted in late May to establish a new Private Company Council that will determine whether exceptions or modifications to U.S. GAAP for privately held companies are necessary -- and gathered crucial support from various professional bodies, most notably the American Institute of CPAs.

Robert Pozen suggests an alternative to audit firm rotation

Fitch Ratings said that two recently released pension accounting and financial reporting standards from the Governmental Accounting Standards Board are generally positive for state and local governments.

The Public Company Accounting Oversight Board held a daylong meeting to gauge reaction to its proposal for mandatory audit firm rotation.

Awards, office openings and more from accounting firms around the country

Darlene Finzer, a principal at the Ohio CPA firm Rea & Associates, was selected as Accounting Today’s inaugural Accountant of the Month.

Industry experts share their thoughts on what accounting firms should be doing right now to grow.

Industry experts describe what they see as the most important game-changers for the accounting profession over the next five years.

The Financial Accounting Standards Board has proposed new standards to require companies to provide better disclosures of their liquidity and interest rate risks, as part of FASB’s financial instruments project.