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Ernst & Young has agreed to pay $4 million to settle charges brought by the Securities and Exchange Commission accusing the firm of violating auditor independence rules by lobbying congressional staff on behalf of two auditing clients.
July 14 -
UNC to offer its master of accounting program online , AWSCPA taps Clark Nuber among the best firms for women, and more
July 11 -
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ACL has introduced an add-in tool for Microsoft Excel aimed at auditors and compliance professionals.
July 11 -
The majority of attendees at a roundtable discussion Thursday in Washington, D.C., on enhancing the ethics standards for accountants favored changes by the International Ethics Standards Board of Accountants to permit reporting of illegal acts.
July 10 -
The American Institute of CPAs is offering a new, free newsletter called Inclusion Solutions.
July 10
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The Securities and Exchange Commission has begun sending letters to public companies that fail to file their financials with all the necessary data using Extensible Business Reporting Language technology.
July 10 -
The real estate investment trust Ventas has dismissed Ernst & Young as its auditor after E&Y determined that it lacked independence because of an inappropriate personal relationship between an E&Y partner and Ventass former chief accounting officer and controller.
July 10 -
A subcommittee of the House of Representatives Committee on Small Business held a hearing today to discuss the value of using the cash basis of accounting in small businesses, and whether they should be required to use the accrual basis.
July 10 -
The Institute of Management Accountants and the American Accounting Associations Management Accounting Section have released a new framework intended to broaden the scope of accounting education.
July 9

