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The Financial Accounting Standards Board has proposed a pair of Accounting Standards Updates aimed at simplifying the process of inventory measurement and eliminating the requirements for extraordinary items.
July 15 -
After rebounding sharply in June from months of decline, the Accountants Confidence Index split into two directions this month, with the short-term and mid-term readings heading apart, though both remain positive.
July 15 -
Ernst & Young has agreed to pay $4 million to settle charges brought by the Securities and Exchange Commission accusing the firm of violating auditor independence rules by lobbying congressional staff on behalf of two auditing clients.
July 14 -
UNC to offer its master of accounting program online , AWSCPA taps Clark Nuber among the best firms for women, and more
July 11 -
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ACL has introduced an add-in tool for Microsoft Excel aimed at auditors and compliance professionals.
July 11 -
The majority of attendees at a roundtable discussion Thursday in Washington, D.C., on enhancing the ethics standards for accountants favored changes by the International Ethics Standards Board of Accountants to permit reporting of illegal acts.
July 10 -
The American Institute of CPAs is offering a new, free newsletter called Inclusion Solutions.
July 10
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The Securities and Exchange Commission has begun sending letters to public companies that fail to file their financials with all the necessary data using Extensible Business Reporting Language technology.
July 10 -
The real estate investment trust Ventas has dismissed Ernst & Young as its auditor after E&Y determined that it lacked independence because of an inappropriate personal relationship between an E&Y partner and Ventass former chief accounting officer and controller.
July 10
