Audit & Accounting

The Center for Audit Quality has created a free online Guide to International Financial Standards to educate people about the uncertain state of the IFRS roadmap.

The U.S. Securities and Exchange Commission “never took the necessary and basic steps” that would have led to the agency uncovering Bernard L. Madoff’s $65 billion Ponzi scheme, according to the full report issued Friday by the agency’s Inspector-General.

If you haven’t heard of the social bookmarking site, Delicious, you may be living in a cave.

The Public Company Accounting Oversight Board has published a set of staff questions and answers intended to address how auditors should use the recently issued FASB Codification.

The Financial Accounting Standards Board has published implementation guidance on accounting for uncertainty in income taxes and disclosure amendments for nonpublic entities.

The U.S. Small Business Administration has introduced an online training course to help more small businesses get federal contracts.

Accounting firm Crowe Horwath is responding to the wave of companies filing for Chapter 11 bankruptcy protection with a set of services to help them navigate the reorganization process.

Public Company Accounting Oversight Board member Charles Niemeier said he plans to leave the board in the near future.

The Securities and Exchange Commission is distributing more than $35 million to over 98,000 investors who were harmed by accounting fraud at Cardinal Health.

The Financial Planning Association is urging SEC Chair Mary Schapiro to clarify and restrict the scope of authority of the Financial Industry Regulatory Authority related to financial planning services.