Audit & Accounting

While the flow of high-quality information is critical to the functioning of capital markets, many are coming to see the independent audits that vouch for that information as irrelevant, according to PCAOB Chairman James Doty.

Sage North America has officially released Sage One Accountant Edition, an accountant-centric version of its online accounting software for small businesses and the first from the publisher designed specifically for accountants..

Audit firms may not be appropriately executing engagement quality review, according to the Public Company Accounting Oversight Board.

Top 100 Firm Marcum LLP’s Lesbian, Gay, Bisexual & Transgender Practice has released a list of top tax planning tips for married same-sex couples to help guide them on what they will need to file taxes since the federal government officially recognized same-sex marriage for tax purposes.

Bookseller Barnes & Noble is the subject of an investigation by the U.S. Securities and Exchange Commission into its restatement of earnings and a former employee’s allegation of improper accounting.

The Center for Audit Quality has issued a request for proposals for independent academic research related to auditing.

The digital edition of the December 2013 issue of Accounting Today is now available.

Jeans, food drives, feeding the needy and more …

The Public Company Accounting Oversight Board has proposed for a second time the idea of requiring auditor reports to disclose the names of the lead partner on an audit engagement and some of the other individuals and firms who participated in audits of public companies, brokers and dealers.

Audit and risk management product maker ACL has released a purchase card fraud product designed to enable organizations to immediately identify and remediate suspicious transactions.