Audit & Accounting

3PAO Accreditation, rebranding and more...

The Public Company Accounting Oversight Board has been making progress on reducing its backlog of remediation submissions dating back to 2010 from auditing firms that have been addressing the problems found by PCAOB inspectors, according to a new report.

The International Accounting Education Standards Board has published three new International Education Standards, adjusting the suggested content of educational programs for initial professional development of aspiring accountants.

Vin Colman is PricewaterhouseCoopers’ U.S. Assurance Leader and a member of PwC’s U.S. Leadership Team. He began running the firm’s Assurance practice, which includes audit and other services, last July when the firm reorganized its management ranks.

The top vendors listed on travel expense reports last year in terms of the percentage of receipts included Starbucks, Delta Air Lines, Avis and Marriott, according to a new report by travel and expense management software developer Certify.

The Financial Accounting Standards Board issued a pair of updates Thursday to U.S. GAAP to provide alternatives for private companies on the subsequent accounting for goodwill and for interest rate swaps.

The Institute of Singapore Chartered Accountants has signed a memorandum of understanding with the Institute of Chartered Accountants in England and Wales to offer accountants in Singapore a pathway to the Associate Chartered Accountants designation.

The Sustainability Accounting Standards Board and the International Integrated Reporting Council have signed a memorandum of understanding pledging to collaborate more closely to advance corporate disclosures of sustainability efforts to investors.

The accounting profession's expectations for economic growth wobbled slightly, but remained positive for the fourth month in a row, according to the January edition of Accounting Today’s Accountants Confidence Index.

The International Valuation Standards Council has released a guide that aims to raise awareness of audit procedures among professional valuers in response to heightened scrutiny by regulators of valuations.