Audit & Accounting

The ICPAS is seeking minority accounting students to apply an internship program, Firms are taking part in Ebola awareness and more…

The International Federation of Accountants and the donor signatories of MOSAIC (Memorandum of Understanding to Strengthen Accountancy and Improve Collaboration) launched the MOSAIC website last week at the World Congress of Accountants in Rome to support the global accounting profession worldwide.

The Governmental Accounting Standards Board has issued two documents describing its preliminary views on lease accounting for state and local governments, and financial reporting for fiduciary responsibilities, as it solicits public comments on possible standards.

Internal auditors are more likely to be satisfied with their jobs and remain with employers who use internal audit as a talent pipeline for management positions, according to a new survey.

The Financial Accounting Foundation, has named Jan Sylvis, the chief of accounts for the Tennessee Department of Finance and Administration, as vice chair of the Governmental Accounting Standards Board.

The Financial Accounting Foundation, the parent organization of the Financial Accounting Standards Board, has launched a new Web page highlighting the benefits of U.S. GAAP.

The Center for Audit Quality and the American Institute of CPAs have jointly issued a new member alert reminding audit firms of the independence rules required by the Securities and Exchange Commission and the Public Company Accounting Oversight Board.

As previously reported, Troy K. Lewis, chair of the Tax Executive Committee of the AICPA, spoke to a Senate panel on Tuesday, urging Congress to pass legislation that would give natural disaster victims access to permanent and prompt tax relief.

The Securities and Exchange Commission is taking a fresh look at the question of allowing U.S. public companies to use International Financial Reporting Standards.

The Financial Accounting Standards Board and the Securities and Exchange Commission have issued new guidance on so-called “pushdown accounting,” which occurs when an acquired organization uses the acquirer’s basis of accounting to prepare its financial statements.