Audit & Accounting

More than 30,000 cities, counties and tribal governments with billions of dollars in federal stimulus money to spend are now largely on their own.

The Governmental Accounting Standards Board has appointed a new task force to help GASB deal with going concern uncertainties and severe financial stress disclosures.

The Public Company Accounting Oversight Board appointed James McNamara as its first-ever chief operating officer

The service hopes to use voice recognition to curb the use of robocalling services as a way to cut to the front of the line on phone calls to the Practitioner Priority Service.

A recent podcast interview discussed how to adapt, innovate and take on the challenges of running an accounting practice along with some personal tips and tricks.

CohnReznick, a Top 25 Firm based in New York, has been helping government authorities make sure the funds for large-scale infrastructure projects don't go astray as spending on such projects ramps up after passage of a federal law last year.

The Public Company Accounting Oversight Board has named Barbara Vanich as its chief auditor after she served as acting chief auditor for nearly two years.

Public companies that have to disclose bad news to regulators are likely to issue press releases announcing unrelated news to distract investors.

The two groups will develop research and thought leadership as well as promote the Certified Management Accountant credential.

While corporate sustainability reporting continues to grow amid demands from investors and regulators, problems persist with the reliability of the information and the role of accounting firms in vetting the disclosures.