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Publicly held companies paid an average of $3.3 million in audit fees in 2010, a slight 2 percent rise over the prior year, while public company audits averaged 12,540 hours , roughly the same as the year-ago period.
June 9 -
Check out the digital edition of the June 2011 issue of Accounting Today.
June 6 -
Check out the digital edition of the June 2011 issue of Accounting Today.
June 6 -
Two reports from the Maryland Association of CPAs and Grant Thornton paint different pictures of whether accountants favor a separate standard-setting board for private company accounting.
June 6 -
The Public Company Accounting Oversight Board could begin requiring public companies to rotate their auditing firms on a regular basis to reduce conflicts of interest.
June 3 -
The Financial Accounting Standards Board has begun a new educational webcast series that will provide continuing professional education credit to those who participate in the live broadcasts
June 1 -
The U.S. Small Business Administration has introduced a smart phone app to help people who are interested in starting or growing a small business.
June 1 -
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Despite tens of billions of dollars in abandoned property that has been reported to states, businesses and, yes, CPAs continue to struggle with the many complexities related to unclaimed property. Believe it or not, it is estimated that less than 25 percent of companies in the United States are in full compliance with UP reporting laws.
June 1