Audit & Accounting

The International Financial Reporting Foundation named Steven Maijoor as the next chair of the IFRS Foundation Trustees, and Sam Woods as chair of the International Accounting Standards Board.

UHY acquired Michigan CFO Associates in Clinton Township, Michigan, expanding the Top 50 Firm's advisory capabilities.

The Federal Accounting Standards Advisory Board is looking for a new leader to succeed its current executive director, Monica Valentine, who plans to retire at the end of this year after over 35 years at FASAB.

The Public Accounting Oversight Board today swore in Kyle Hauptman as a board member at a ceremony at the Securities and Exchange Commission.

Sax acquired SFS Financial in Kinnelon, New Jersey, strengthening the Top 75 Firm's advisory capabilities.

Argentina is quickly becoming a promising offshoring destination, not just for the accounting profession, but for technology and other back-office services.

The saga has triggered a leadership shake-up at the firm after whistleblower allegations that confidential client information was used to help secure business.

The confirmation followed a weeks-long saga over a controversial personal settlement Blanche authorized for Trump over leaks of his tax information years ago.

Just over half of accountants report being "highly satisfied" with their jobs, according to an ongoing survey — and perhaps just as important, the sources of dissatisfaction in the profession are becoming clearer and clearer.

Meanwhile, KPMG and Grant Thornton led in terms of new engagements among the largest audit firms.