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Securities and Exchange Commission Chairman Mary Schapiro has been under pressure not to appoint a leading critic of International Financial Reporting Standards as a permanent chief accountant, according to a former official who filled that post.
March 4 -
About 86 percent of CFOs report a desire to maintain their current staff levels in the next three months, but 2 percent predict decreases in accounting and finance personnel in the second quarter, according to a survey by staffing services company Robert Half International.
March 3 -
Treasury Secretary Timothy Geithner explained the Obama administration’s budget and tax plans, and his handling of the financial industry bailout, to wary lawmakers in a congressional hearing.
March 3 -
Are you able to get what you need from reviewing financial statements? Do you think there are ways to enhance the usefulness of the presentation of the information?
March 3 -
The International Auditing and Assurance Standards Board has completed a project aimed at updating and clearing up ambiguities in auditing standards.
March 3 -
The American Institute of CPAs has appointed four new members of the Auditing Standards Board.
March 3 -
Freddie Mac CEO David Moffett has submitted his resignation after running the troubled housing lender since only last September.
March 2 -
The town of Fairfield, Conn., has filed a lawsuit against KPMG and an investment advisor after its employee retirement programs lost an estimated $40 million in two hedge funds that invested all their assets with Bernard Madoff.
March 2 -
The International Association of Consultants, Valuators and Analysts is launching a fraud deterrence training program in partnership with the fraud and forensic consulting firm Cendrowski Corporate Advisors.
March 2 -
Berkshire Hathaway chairman Warren Buffett said in his annual letter to shareholders that he endorses mark-to-market accounting, even though it helped produce the worst financial results for his company in the 44 years he has been running it.
March 2