Audit & Accounting

In her keynote at this year’s Midwest Accounting & Finance Showcase, Illinois CPA Society president and CEO Elaine Weiss highlighted several of the most important issues facing the profession.

Cindy Fornelli, executive director of the Center for Audit Quality, discusses the importance of auditors retaining their professional skepticism.

Finding the best managing partners starts with asking what the best MP should be

The American Institute of CPAs has extended the deadline for comments on the significant changes it is proposing to professional standards.

Cindy Fornelli, executive director of the Center for Audit Quality, sees the demands increasing for auditors to do a better job of demonstrating independence, objectivity and professional skepticism, especially in the wake of recent financial scandals.

The Securities and Exchange Commission has adopted a rule mandated by the Dodd-Frank Wall Street Reform and Consumer Protection Act requiring companies to publicly disclose their use of conflict minerals that originated in the Democratic Republic of the Congo or an adjoining country, and independently audit the reports.

Daniel Rezin will join the fee-only wealth management firm’s executive management team

Recent promotions, new hires and more

Recent network memberships, awards, new Web sites and more

John Reynolds has been promoted to principal in the firm’s Wilkes-Barre office.