Audit & Accounting

Check out the digital edition of the July 2015 issue of Accounting Today.

The Public Company Accounting Oversight Board proposed Tuesday to require firms to file a new PCAOB form to make public the name of the audit engagement partner and information about certain other participants in the audit, and also issued a concept release on audit quality indicators.

The Governmental Accounting Standards Board has finalized a new standard that aims to simplify the structure of the hierarchy of Generally Accepted Accounting Principles for state and local governments.

Moving past simplification to ‘qualitification’

Preparing for the new revenue recognition standards

The Governmental Accounting Standards Board has published two new standards aimed at improving the accounting and financial reporting by state and local governments for post-employment benefits other than pensions, primarily retiree health insurance.

XBRL US has joined up with five companies to improve the quality of financial filings in Extensible Business Reporting Language with the Securities and Exchange Commission.

The Public Company Accounting Oversight Board has scheduled an open meeting for next Tuesday to consider the issuance of a supplemental request for comment on rules to require disclosure of certain audit participants and a concept release on audit quality indicators.

The Institute of Internal Auditors is releasing a new whitepaper describing 10 imperatives for internal auditors.

The American Institute of CPAs has published a new guide to help CPAs interpret and apply Statement on Standards for Accounting and Review Services No. 21.