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The Public Company Accounting Oversight Board has released updated staff guidance to help accounting firms outside the U.S. to register with the board even if their countries do not allow the PCAOB to inspect them or answer some of the questions on a PCAOB application form.

While the majority of companies these days have ethics policies on giving and receiving gifts, many senior financial executives believe their leaders don’t necessarily follow those policies, according to a new poll.

Milwaukee-based accounting firm Clifton Gunderson is acquiring and merging in several other firms as it expands its footprint to several new markets, including Philadelphia, New York and Indiana.

Check out the digital edition of the June 7-20, 2010 issue of Accounting Today.

The Federal Trade Commission has further delayed enforcement of the so-called “Red Flags” Rule for identity theft prevention until Dec. 31, while Congress considers legislation that would affect the scope of entities covered by the rule.

Document management and workflow software provider Cabinet NG has introduced a Web browser interface that gives users the ability to search through online cabinets and folders, and view documents from any location anytime, without installing additional software on remote systems.

Are you an accountant that is pulling out your hair from over demanding deadlines, ineffective processes, an over-reliance on spreadsheets and inaccurate reporting? Well, you’re not alone. Fifty-three percent of accountants reportedly clock in overtime hours during a period close, according to a new survey by financial software provider UNIT4 CODA.

IMGCAP(1)]Accounting firms across the nation are turning to document management technology to keep track of client receipts, signed copies, employee paperwork and contracts they once stored in paper files and folders.

The House approved a bill to extend many expiring and expired tax breaks through the end of the year, as well as extend unemployment insurance benefits through the end of November.

Five stellar young professionals were recognized by the Virginia Society of Certified Public Accountants at the VSCPA’s annual meeting on May 14 through their new award Top 5 Under 35.