Audit & Accounting

A proposed Integrated Reporting Framework unveiled by the International Integrated Reporting Council this week is attracting some early support.

Sage North America today released Sage 50 Accounting 2014–U.S. Edition, which boasts enhancements to accounts receivable, streamlined accounts payable processes, and the addition of a business intelligence tool.

The promise of integrated reporting that combines financial reporting with a host of other factors, including sustainability, governance and community involvement, finally appears to be on the horizon.

Cloud-based accounts receivable platform maker TermSync has released TermSync Scorecard, an interactive dashboard designed for financial executives to take a deeper look into the accounts receivables department.

The International Integrated Reporting Council has issued a consultation draft of its International Integrated Reporting Framework, which aims to create the foundations for a new reporting model that will enable a business to provide a concise communication of how it creates value over time.

The Financial Accounting Standards Board and the Private Company Council have released an invitation to comment on their proposed decision-making framework for determining when exceptions to accounting standards should be made for privately held companies.

SmartVault has enhanced its QuickBooks Online integration process from the initial account provisioning all the way through attaching a document to an entry.

A new study indicates that despite calls for greater auditor independence, investors prefer companies to be audited by the same firm that also provides it with tax services.

Editor-in-chief Dan Hood gives an executive summary of our April ACI.

The Securities and Exchange Commission has charged the former partner in charge of KPMG's Pacific Southwest audit practice and his friend with insider trading on nonpublic information about firm clients.