Audit & Accounting

A roundup of audit and attest news from the previous month.

The Financial Accounting Standards Board and the Private Company Council have issued the final version of their Private Company Decision-Making Framework: A Guide for Evaluating Financial Accounting and Reporting for Private Companies

Remembering Abraham Briloff and his love for the truth

Best companies to work for, UHY Energy M&A Symposium and more...

The Financial Accounting Foundation has announced that the Financial Accounting Standards Board’s FASB Accounting Standards Codification has been enabled for use on tablet devices.

The International Accounting Standards Board has released an interim standard for businesses that engage in rate-regulated activities, such as gas, electric and water utility companies, even as a new report from two prominent accounting profession organizations outlines some of the challenges the IASB is facing.

The Governmental Accounting Standards Board has released an implementation guide for the new GASB standards for accounting and financial reporting for pensions.

The Financial Accounting Foundation has appointed Steven E. Buller, the managing director and former CFO of the investment management firm BlackRock, as the new chairman of the Financial Accounting Standards Advisory Council, a key advisory group for the Financial Accounting Standards Board, which the FAF oversees.

The American Institute of CPAs’ Auditing Standards Board is proposing changes in subject-matter specific attestation standards.

The Financial Accounting Standards Board voted Wednesday to reorganize its future agenda to focus more closely on the issues most important to FASB stakeholders, as it anticipates completion of its remaining four convergence projects for harmonizing U.S. GAAP with International Financial Reporting Standards.