Audit & Accounting

The Financial Accounting Standards Board has issued a proposed accounting standards update on its subsequent events standards, amending certain recognition and disclosure requirements to avoid a conflict with the SEC.

Overstock.com has engaged KPMG as its new outside auditor, but not without a parting shot at its previous auditing firm, Grant Thornton.

Everybody has to have a Top 10 list around the New Year, and looking back over the past year, we found that WebCPA readers clicked the most on stories about taxes and accounting firm rankings.

Business consulting and internal audit firm Protiviti has begun publishing “Board Perspectives: Risk Oversight,” a new monthly newsletter aimed at corporate boards of directors.

IMGCAP(1)]Silver bells and major snow storms aside, I am struggling to get into the holiday spirit.

President Obama urged a group of leaders of community banks to increase their lending to small businesses.

The Public Company Accounting Oversight Board has established an academic fellowship program to recruit accounting researchers to spend a year at the PCAOB’s headquarters in Washington, D.C.

The International Public Sector Accounting Standards Board said it has achieved its goal of substantial convergence with International Financial Reporting Standards dated Dec. 31, 2008, with a series of new or improved standards.

The International Auditing and Assurance Standards Board has released a new assurance standard on controls at service organizations such as international outsourcers.

Financial Executives International has written a report listing the top challenges it sees for financial executives next year.