Audit & Accounting

Roel Campos, one of the two Democrats on the five-member Securities and Exchange Commission, announced plans to return to the private sector next month, further tipping the balance on the panel as the SEC continues to issue and enforce regulations affecting accountants.

Accounting firm Bush, Ramlow & Shore is joining Firm Foundation, a recently established association for CPA firms that have approximately 10 to 30 full-time employees.

Japanese GAAP is moving closer to International Financial Reporting Standards under an agreement that will accelerate the process.

Trintech Group has updated its ReconNet reconciliation and account-balancing software with enhanced workflow features.

Large companies in the United States are getting better at managing potentially critical business risks, according to a new study.

Longstanding weaknesses in the financial systems of government agencies pose a "formidable challenge," according to a report released by the Government Accountability Office.

The remaining five defendants in the KPMG tax shelter case are seeking a postponement in the trial until after October.

A majority of financial executives rank data quality and information integrity as the No. 1 priority, according to a new survey.

House lawmakers passed a $16 billion energy tax bill that does away with tax breaks for oil and gas companies and shifts the incentives to alternative energy, despite the threat of a veto from President Bush.

According to a recent press release, a nationwide telephone survey of 1,000 investors conducted for the Center for Audit Quality (CAQ) indicated that 79 percent of those surveyed felt changes brought about by the Sarbanes-Oxley Act bolstered their confidence in financial information presented.