Audit & Accounting

Nearly two-thirds of accountants gave Congress a grade of F in a recent survey.

John Wolfgang, co-founder of UHY International, has stepped down as chairman of the global organization.

In an exclusive interview with Accounting Today, Leslie Seidman chair of the Financial Accounting Standards Board, detailed the current status and likely future timeline for the four main remaining part of the board’s convergence agenda with the International Accounting Standards Board.

UNITED KINGDOM

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.