Audit & Accounting

Edgar Online and Microsoft announced a deal under which Edgar Online will provide financial filings from the Securities and Exchange Commission's Edgar database and other content to Microsoft's MSN Money, while Microsoft will provide advertising around Edgar Online's content.

The Securities and Exchange Commission charged two former employees of PricewaterhouseCoopers LLP with insider trading.

The Supreme Court has handed down a unanimous decision in a case involving the deductibility of investment advisory fees by trusts, ruling that the expenses are deductible only to the extent that they exceed 2 percent of the adjusted gross income.

The chief executives of the six largest accounting firms pushed for global convergence of accounting standards, better audit quality and principles-based accounting standards at a symposium.

The Securities and Exchange Commission may be moving toward greater acceptance of the professional judgment of accountants in interpreting financial standards, and that can’t happen soon enough.

Deloitte Financial Advisory Services has acquired certain assets of Barrasso Consulting, a firm that specializes in data collection and document review for litigation discovery programs.

A key outside advisory committee wants the Securities and Exchange Commission to be more open to accepting an accountant's judgment in interpreting standards.

A new report finds the cost of compliance with Sarbanes-Oxley Section 404 internal control audit requirements for smaller public companies is actually about 14 percent lower than the Securities and Exchange Commission's original estimates.

The Tax Governance Institute plans to host a video Webcast on the new tax preparer standards on Jan. 15 from 1 pm to 2:30 pm EST.

The audit market for large public companies has become more concentrated among the Big Four firms, but not enough to require corrective action, according to a government report.