Audit & Accounting

Despite the ongoing sluggishness in the nation's economy, investors remain confident in publicly traded companies, that, according to the 5th annual "Main Street Investor" Survey.

The Financial Accounting Standards Board said Wednesday that it would consider postponing the effective date of certain provisions of a recently issued standard on the presentation of comprehensive income.

The Public Company Accounting Oversight Board has reached an agreement with Japanese regulators that will allow the two countries to carry out joint inspections of auditing firms in Japan and the U.S.

The Public Company Accounting Oversight Board voted Tuesday to propose requiring PCAOB-registered accounting firms to disclose the name of the engagement partner in the audit report they file for a corporate client and on the PCAOB Annual Report form.

A new report from a task force led by the International Federation of Accountants urges greater acceptance of globally accepted high-quality international standards for financial reporting, auditing, valuation and actuarial services and other regulations, to restore the proper functioning of the financial markets.

The New Jersey Society of CPAs said Friday that a number of candidates for the CPA Exam in New Jersey have had their applications rejected by CPA Examination Services because of confusion over whether they had met the necessary education requirements.

In his first speech in the U.S. as chairman of the International Accounting Standards Board, Hans Hoogervorst made the case for why the U.S. should adopt International Financial Reporting Standards.

IMGCAP(1)]Check out the digital edition of the October 2011 issue of Accounting Today.

CCH has introduced ProSystem fx Knowledge Coach for Comps & Reviews, a product that provides workflow tools for accounting firms that do compilations and reviews for clients.