Audit & Accounting

Financial reports that incorporate assumptions aren’t worth a dime for actually reducing uncertainty.

Audit reviewers who are aware of the personal biases of audit preparers are still influenced by them, according to a new study.

Financial Accounting Foundation president and CEO Terri Polley explains what the organization is trying to achieve with its career initiative.

An organization of Irish accountants has signed an agreement with a Russian accounting organization, to provide education, training, examination, an online certificate in financial reporting and an array of other areas.

Many nonprofit professionals are expecting growth and increased revenue this year, according to a new survey.

Noble Group Ltd. denied inflating the balance-sheet value of contracts as Asia’s biggest commodities trading house published a rebuttal against allegations by Iceberg Research, an anonymous group that’s questioned the company’s accounting methods. Noble’s shares rose.

Indiana Wesleyan University (IWU) announced the launch of a new degree program on Wednesday, in a partnership with the Ron Blue Institute. The Master of Business Administration in Personal Financial Planning (MBA-PFP) allows Certified Financial Planners to earn an MBA by completing just seven or eight additional courses.

Financial Accounting Foundation president and CEO Terri Polley explains how the foundation plans to spread the word about what’s taking place in the accounting profession and the organization.

The Financial Accounting Standards Board has voted to issue a proposed accounting standards update to improve the financial statements for not-for-profit organizations and ask for public comments.

The AICPA released the results of their first quarter AICPA Economic Outlook Survey this morning, and the results show that executives are taking a more tempered approach when it comes to expectations for profit, revenue and expansion in the coming year.