Audit & Accounting

Financial Accounting Standards Board chair Leslie Seidman is planning for a multilateral way of working with the International Accounting Standards Board in the future, even as her term approaches an end next year.

Jennifer Palmer Farrington has joined WeiserMazars LLP as the new chief marketing officer.

Fruci & Associates has agreed to acquire MartinelliMick PLLC of Spokane, Wash.

The International Federation of Accountants and the International Valuation Standards Council have renewed their memorandum of understanding and plan to strengthen their mutual efforts to improve confidence in business reporting.

Intuit Inc. has made available QuickBooks Online Accountant, which will give accounting professionals Web-based access to tools to perform essential accounting tasks.

BDO USA LLP announced that it is expanding its Philadelphia presence with the addition of Asher & Co. Ltd, for an undisclosed amount.

Five of the largest audit firms in China are likely to be domestically owned rather than foreign owned in the next five years, according to Baker Tilly International CEO Geoff Barnes.

The trustees of the IFRS Foundation have published their own staff’s analysis of the Securities and Exchange Commission’s final staff report on International Financial Reporting Standards in an effort to address some of the findings and prod the U.S. into embracing IFRS.

The American Institute of CPAs plans to publish its first book for the consumer market early next year.

A group of organizations of financial professionals have teamed up to host a new webinar designed to encourage more skepticism by auditors about financial results.