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Consider this seemingly incontrovertible Feb. 24, 2010, assertion by American Institute of CPAs chief executive Barry Melancon: "Our increasingly global economy makes it clear that the U.S. should move toward a single set of high-quality, globally accepted accounting standards for public companies."
May 10 -
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Although a consensus is building that the U.S. economy is slowly beginning to turn in a positive direction, CPAs and the financial strategists they rely upon are not urging clients to make wholesale shifts in their investment portfolios. Indeed, some are turning somewhat more cautious in the short term.
May 10 -
With claims against accountants on the rise, it's more important than ever to be aware of exactly what types of activities your insurance covers, industry experts warn.
May 10 -
Broker-dealers are providing more sophisticated services for financial advisors and their clients in an effort to systematize best practices, bolster both efficiency and support, and prepare for potential regulatory reform.
May 10 -
When the history of accounting in the U.S. is written, March 10, 2010, will go down as one of the key dates. While little noticed, a Financial Accounting Standards Board announcement portends perhaps the greatest change in GAAP since FASB itself was formed. The following quote from the FASB Web site hardly hinted at what was to come:
May 10 -