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The Securities and Exchange Commission has approved a new auditing standard that aims to toughen the requirements for concurring reviews of the work of audit teams.
January 17 -
Many companies are getting a jump on preparing for adoption of interactive data-tagging technology on their financial statements, even before they are subject to SEC requirements.
January 15 -
A group of top central bank governors is calling for accounting standard-setters to develop a provisioning approach for troubled loans based on an expected-losses model rather than fair value.
January 12 -
The Internal Revenue Service plans to audit Harvard University and about 39 other colleges as part of an overall review of tax-exempt nonprofit organizations.
January 12 -
The Public Company Accounting Oversight Board has published two sets of staff questions and answers to provide guidance about a registered auditing firms obligation to report certain events to the PCAOB in special reports, and the process through which a firm can succeed to a predecessor firms registration status.
January 12 -
IMGCAP(1)]As I have performed over 700 SAS 70 audits, I should find that each SAS 70 audit is similar to the previous one I just performed. The good or bad news, depending upon how you look at it, is that they are not, and 2010 looks to be an even more challenging year to stay on top of the changes.
January 11 -
The American Institute of CPAs has issued a new standard on compilation and review engagements that represents one of the biggest changes to its Statements on Standards for Accounting and Review Services since 1978.
January 11 -
Financial analysts who cover the insurance sector are generally dissatisfied with the current financial reporting framework for the insurance industry.
January 11 -
It's a new year. We've got a new logo. We've got a new tagline.
January 11 -
