Audit & Accounting

Top 6 Firm BDO USA brought on 15 new Securities and Exchange Commission audit clients in the third quarter, leading the auditor pack, while Hong Kong’s DCAW (CPA) Ltd. netted the most, with nine.

No business professional thinks they’re an easy mark, yet fraudsters are making off with millions of dollars each year.

The New York State Society of CPAs has some recommendations for items that the Financial Accounting Standards Board should add to its to-do list.

Thomson Reuters has released Checkpoint Engage, an online audit solution.

The American Institute of CPAs’ Financial Reporting Executive Committee is asking for feedback on three new working drafts of guidance for broker-dealers and depository and lending institutions on the Financial Accounting Standards Board’s revenue recognition standard.

The Securities and Exchange Commission has appointed a new deputy chief accountant in the Office of the Chief Accountant, Marc A. Panucci, a partner in PwC’s national professional services group.

The International Accounting Standards Board has released its five-year work plan for International Financial Reporting Standards, with a focus on completing its insurance contracts standard and revising its conceptual framework.

Audit software provider AuditFile and business publishers John Wiley & Sons have jointly released a new version of AuditFile’s cloud-based audit program and automation solution.

Audit committees are increasing the amount of information they are giving investors on the actions they are taking to oversee their outside auditing firms, according to a new report.

BDO USA LLP is partnering with CoStar Group’s CoStar Real Estate Manager division to advise companies on complying with the lease accounting standard.