Audit & Accounting

International Accounting Standards Board Chairman Sir David Tweedie said he nearly resigned before giving in to pressure from European regulators to modify fair value accounting standards to allow banks to reclassify their assets.

H.D. Vest Financial Services is offering remote check scanning and depositing services to its network of financial planning advisors.

The International Accounting Standards Committee Foundation has written a letter to President Bush asking him and other world leaders to respect fair value accounting and the standards-setting process.

The American Institute of CPAs has written to the Securities and Exchange Commission urging it to allow the Financial Accounting Standards Board to continue to set standards for mark-to-market accounting.

I haven’t known a month’s financial confidence in my whole adult life.

Deloitte & Touche has sued former vice chairman Thomas Flanagan, claiming that he profited from stock trades using inside information about the firm's audit clients.

Nations around the world are reducing corporate taxes, according to a report by PricewaterhouseCoopers.

The American Institute of CPAs' Auditing Standards Board has revised a standard on the use of electronic confirmations to provide further guidance on reliability.

RSM McGladrey has acquired Philadelphia accounting firm Simonson Lipschutz & Fogel for $6 million.

President-elect Barack Obama is looking for a new chairman of the Securities and Exchange Commission to replace departing chair Christopher Cox.