Audit & Accounting

Sen. John Thune, R-S.D., has introduced an amendment to a tax extenders bill that would create and expand small business tax incentives.

The wrangling over the fate of the Consumer Financial Protection Agency took another turn with the revelation that it may end up within the Federal Reserve.

The Securities and Exchange Commission voted last week to adopt a new rule to place certain restrictions on short-selling when a stock is experiencing downward price pressure.

The Securities and Exchange Commission has instituted public administrative proceedings against two former Ernst & Young auditors who failed to uncover the misappropriation of client funds by an investment advisor they were auditing.

Members have been named to a blue-ribbon panel to provide recommendations on accounting standards for privately held companies.

Schutte & Hilgendorf has expanded its audit practice to include governmental auditing and accounting services.

The Financial Accounting Standards Board discussed the standards for accounting for financial liabilities at a meeting Wednesday and how to address changes in an entity’s own credit risk of financial liabilities measured at fair value.

The Securities and Exchange Commission finally made its long-awaited decision on the IFRS roadmap, or did it?

The Securities and Exchange Commission voted unanimously to issue a statement affirming support for a single set of high-quality globally accepted accounting standards and ongoing consideration of incorporating International Financial Reporting Standards into the financial reporting system for U.S. issuers.

The Securities and Exchange Commission plans to conduct a seminar next month to help companies and preparers comply with rules that require financial reports to be filed using Extensible Business Reporting Language, or XBRL.