Audit & Accounting

Ernst & Young's lobbying unit is no longer listed as a lobbyist for three major U.S. companies, all of whom were 2011 audit clients of the accounting giant.

Recent developments at accounting firms across the U.S. and around the world.

Audit management and analytics technology provider ACL Services has released ACL Workpapers for iOS, a mobile audit management app now available for free download from the iTunes App Store.

CCH plans to integrate ProSystem fx Engagement and ProSystem fx Knowledge Coach with Microsoft SQL Server 2012.

This time, we've decided to touch briefly on 19 current issues, doing a "Lightning Round," instead of covering only one in depth.

With the G-20 finance ministers having given accounting standard setters a new deadline of mid-2013 to get their convergence work done, the Securities and Exchange Commission is under fresh pressure to reach a decision on incorporating International Financial Reporting Standards into the U.S. financial reporting system.

The Committee of Sponsoring Organizations of the Treadway Commission, also known as COSO, plans to release the updated version of its Internal Control–Integrated Framework in the first quarter of 2013, instead of the fall of 2012.

The finance and accounting outsourcing market is expected to rebound this year, with 10 to 15 percent growth, following a slowdown last year.

A roundup of news from the world of auditing, attest and assurance.

Auditor rotation may not be the answer, but at least it's got people asking the question.