Audit & Accounting

The Public Company Accounting Oversight Board unveiled far-reaching proposals this week for enhancing the auditor’s reporting model in what could be the biggest transformation of the audit report in over 70 years.

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Ernst & Young has donated its historical archives dating back to the early 1900s to Case Western Reserve University.

Accounting firm association PrimeGlobal announced Wednesday that Arthur Place, the managing partner of one of the firms in its association, died on Sunday.

The Financial Accounting Foundation said Wednesday that it plans to start streaming audio from the public sessions of future meetings of its Board of Trustees.

The Nevada Supreme Court issued a little-noticed decision in late May that could have significant implications for disputes between auditors and their clients.

The Center for Audit Quality released a document Tuesday highlighting some important elements of audit quality that audit firms could consider in refining or developing their own reporting regarding their public company audit practice.

The Public Company Accounting Oversight Board proposed for public comment a new auditing standard and related amendments to enhance the auditor's reporting model on Tuesday.

The Institute of Management Accountants has launched a new initiative to endorse undergraduate accounting programs that provide the skills needed for corporate accountants.

Most state and local governments have achieved clean audit opinions, but a new poll of state finance officials found that implementing the Affordable Care Act and funding the pension costs of current and retired employees are among their biggest ongoing challenges.