Audit & Accounting

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.

The Public Company Accounting Oversight Board is finding more problems at the audit firms it is inspecting, not less.

PricewaterhouseCoopers took back the lead in global revenues from Deloitte Touche Tohmatsu, posting $29.2 billion in annual revenue worldwide.

The Financial Accounting Standards Board’s Not-for-Profit Advisory Committee has recommended a set of fundamental changes in the accounting rules for nonprofit organizations that would require them to explain their finances to donors and other interested parties in greater detail.