Audit & Accounting

Accume Partners, a provider of internal auditing, Sarbanes-Oxley compliance, and risk management services, has named former UHY Advisors chief executive James B. McGuire as its president and chief operating officer.

The man who oversaw Freddie Mac's earnings restatement, as well as its financial reporting improvements, has joined the Public Company Accounting Oversight Board.

A recently released exposure draft from the American Institute of CPAs contains two different interpretations under the institute's independence rules.

A new accounting bulletin from the Securities and Exchange Commission addresses how prior year misstatements should be considered when quantifying a current year's misstatement.

The AFL-CIO wants to know more about the role that the major accounting firms might have played in the handling of stock options grants the government is now investigating.

It isn't the acts of a single executive, or the misses of a particular audit team, that most concern Public Company Accounting Oversight Board member Charles Niemeier when he reflects back on the corporate scandals that resulted in the passage of the Sarbanes-Oxley Act.

It's not every accounting conference that the attendees have a chance to come away with a bit of horticulture knowledge.

In a move to keep the United States ensconced as the financial capital of the world, a newly formed commission will recommend changes to the Sarbanes-Oxley Act and other regulatory mandates it judges to encumber domestic capital markets from remaining competitive.

The Employee Benefits Security Administration, part of the Labor Department, is seeking comment on its plans to update guidance on the independence of accountants who audit employee benefit plans.

The Canadian government has pledged $1 million over the next five years to the International Federation of Accountants' board that governs public company accounting.