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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.
October 23 -
The trustees of the IFRS Foundation have published their own staffs analysis of the Securities and Exchange Commissions 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.
October 23 -
The American Institute of CPAs plans to publish its first book for the consumer market early next year.
October 22 -
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.
October 22 -
The Public Company Accounting Oversight Board held a public meeting in Houston to hear feedback on its proposals for mandatory audit firm rotation and auditor independence.
October 19 -
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The Financial Accounting Foundations recently created Private Company Council plans to host its initial public meeting on December 6.
October 18 -
Former Big Five auditing firm Arthur Andersen has reached a proposed settlement for an additional $38 million with the plaintiffs in a decade-long class-action lawsuit over the firms audits of the telecommunications company WorldCom.
October 18 -
Dembo, Freedman & Shutt, CPAs, P.C. has agreed to merge with Teal, Becker & Chiaramonte.
October 18