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Sen. Chuck Grassley, R-Iowa, ranking member of the Senate Finance Committee, provided an update this week on his correspondence with several media-based ministries about issues related to their tax-exempt status, indicating that some ministries have not been answering his questions.
July 10 -
The U.S. Court of Appeals for the Sixth Circuit has referred questions to the Pennsylvania Supreme Court in a case involving PricewaterhouseCoopers that could set a precedent for accountant liability.
July 10 -
The Securities and Exchange Commission has charged Sycamore Networks and three of its former executives with stock options backdating charges.
July 10 -
Massachusetts Mutual Life Insurance has introduced SignatureCare 500, a long-term care insurance product that lets consumers customize a policy to meet their needs.
July 9 -
The Securities and Exchange Commission convened a roundtable of experts to discuss the controversial topic of fair value measurements in accounting.
July 9 -
As the final event in its year-long, 10-city dialogue tour on financial reporting issues, the Center for Audit Quality will stage its final town hall session July 22 at the National Press Club.
July 9 -
Three professional accounting organizations have jointly released new guidelines for combating fraud.
July 8 -
Outsourced accounting company Corefino has snagged $13.6 million in a first round of funding led by Opus Capital Ventures and Bay Partners.
July 8 -
In preparation for the eventual transition to International Financial Reporting Standards, Big Four firm PricewaterhouseCoopers has launched a suite of educational products and services to help accounting students learn IFRS fundamentals.
July 8 -
The Securities and Exchange Commission’s Advisory Committee on Improvements to Financial Reporting released a draft of its final report.
July 8