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PricewaterhouseCoopers and Booz & Co. have signed a conditional agreement to merge, increasing the Big Four firm's presence in the consulting business.
October 30 -
The Public Company Accounting Oversight Board plans to turn its attention to auditing standards involving revenue recognition, according to one of the PCAOB members.
October 29 -
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A trio of new research studies support the Public Company Accounting Oversight Boards proposal to require the identification of the lead auditor on public company financial reports.
October 25 -
Congress, not the Internal Revenue Service, is to blame for the recently announced postponement of the beginning of next years tax season, according to the National Association of CPA Practitioners -- and it called on the legislative branch to take quick action to prevent further delays.
October 25 -
The Public Company Accounting Oversight Board has issued an alert cautioning auditors about the significant number of audit deficiencies that the PCAOB staff has seen in the past three years related to audits of internal control over financial reporting.
October 24 -
The American Institute of CPAs Accounting and Review Services Committee has issued an exposure draft proposing three new and revised standards that would make significant changes in how accountants perform compilation engagements.
October 24 -
The Securities and Exchange Commission has voted unanimously to propose rules under the JOBS Act allowing companies to offer and sell securities through crowdfunding.
October 24 -
Deloitte & Touche LLP has agreed to pay $2 million to settle charges with the Public Conpany Accounting Oversight Board for violating the Sarbanes-Oxley Act and PCAOB rules by allowing a former partner to perform or continue to perform activities as an associated person that were prohibited while he was subject to a PCAOB suspension order.
October 23