AT Think

South Korea is considering a bill that would allow regulators to oust the CEO of an accounting firm that is found to be negligent in controlling audit quality.

College Choice, an online resource ranking various college programs and institutions, recently unveiled their 2016 ranking for the best online master's in accounting programs. The University of Massachusetts and their Isenberg School of Management topped the list for digital master's programs.

The Connecticut Society of Certified Public Accountants (CTCPA) announced last week that the Society has presented two Connecticut accounting educators with their 2016 Educator of Excellence awards at the organization’s Recognition Reception held in Plantsville.

Staggered terms of board directors at public companies have fallen out of favor in recent years, in part because they give shareholders less influence over management, and new research suggests a staggered board structure could also hurt the effectiveness of audit committees.

CPA Ontario announced on Friday that Logan Joyce, of Kingston's Holy Cross Catholic Secondary School, placed first in the Chartered Professional Accountants of Ontario's 2016 COIN Competition. The organization held its annual competition on May 4 this year, which looks to give high school students considering a CPA career the opportunity to complete a 75-question, multiple-choice quiz.

KPMG announced this week the launch of the KPMG Future Leaders Program - a new charitable initiative that looks to develop future women leaders. Also of note, KPMG announced that former Secretary of State Condoleezza Rice will serve as ambassador to the program.

The World Gold Council, a market development organization for the gold industry, has some ideas about developing a common accounting framework for gold that could be used by central banks in countries around the world.

The costs of the finance and accounting function at many companies are expected to climb in the next few years, according to a new survey.

On Tuesday, the third day of sessions at the 2016 Practitioners Symposium and Tech+ Conference in Las Vegas, consultant and speaker Rita Keller gave a session on the importance of firm mentoring, titled, "Mentoring Matters: People Will Stay When They Know Someone Cares."

The Consumer Financial Protection Bureau proposed long-awaited rulemaking last week to protect consumers from falling into the trap of ever-spiraling debt for taking out a short-term “payday loan.”