The Latest

The International Auditing and Assurance Standards Board has released for public comment a new proposed International Standard on Auditing that clarifies and enhances the scope and focus of auditor efforts on other information included in documents containing or accompanying the entity’s audited financial statements.

Hurricane Sandy has proven to be one of the most costly storms in U.S. history. Now being dubbed Superstorm Sandy, the aftermath has many of us questioning our own disaster preparedness.

The Securities and Exchange Commission and the Department of Justice have released A Resource Guide to the U.S. Foreign Corrupt Practices Act, a 120-page guide providing a detailed analysis of the U.S. Foreign Corrupt Practices Act, including the accounting provisions, and closely examining the SEC and DOJ approach to FCPA enforcement.

The role of the CFO will evolve in the future to encompass new challenges such as global economic uncertainty and volatility, fluctuating energy prices, and turbulent currency markets, along with a shift in economic power, according to a new report.

President Obama urged Congress to agree to a deal to extend the Bush-era tax rates for the middle class on Wednesday, while agreeing to consider other tax reform measures for wealthier Americans.

A female presence on a company board reduces the chance of financial restatements by close to 40 percent, according to a new study.

Nearly eight in 10 small business owners are aware of the so-called “fiscal cliff,” according to a new poll that also found they are concerned about the impact of the combination of tax increases and automatic spending cuts that are set to take effect on Jan. 1 if Congress and the President can’t agree on a plan to reduce the deficit by year’s end.

Sage North America and NetSuite partner SWK Technologies has joined the national reseller marketing network ERPVAR.com, with the goal of helping promote all of its products and services.

Staff accountant Brett Robertson, of New Jersey-based firm Smolin Lupin, was called to duty after Hurricane Sandy in his capacity as a captain of the U.S. Army Reserve National Guard.

The American Institute of CPAs’ Accounting and Review Services Committee has issued exposure drafts of its proposed Statements on Standards for Accounting and Review Services as part of its Clarity Project and is asking for public comment on them.