Audit & Accounting

The Governmental Accounting Standards Board has published two new standards aimed at improving the accounting and financial reporting by state and local governments for post-employment benefits other than pensions, primarily retiree health insurance.

XBRL US has joined up with five companies to improve the quality of financial filings in Extensible Business Reporting Language with the Securities and Exchange Commission.

The Public Company Accounting Oversight Board has scheduled an open meeting for next Tuesday to consider the issuance of a supplemental request for comment on rules to require disclosure of certain audit participants and a concept release on audit quality indicators.

The Institute of Internal Auditors is releasing a new whitepaper describing 10 imperatives for internal auditors.

The American Institute of CPAs has published a new guide to help CPAs interpret and apply Statement on Standards for Accounting and Review Services No. 21.

The Trustees of the IFRS Foundation, the oversight body of the International Accounting Standards Board, announced Wednesday the membership of the Accounting Standards Advisory Forum for the next three years.

Thomson Reuters has released the 2015 editions of its series of audit guides and related practice aids.

Deloitte has chosen a new global chairman, David Cruickshank, who previously chaired Deloitte UK.

The European Commission has issued a report evaluating the use of International Financial Reporting Standards over the past decade in the European Union.

The outlook from U.S. CFOs on the financial prospects for their own companies is the brightest in years, according to a new survey.