Audit & Accounting

The Public Company Accounting Oversight Board has voted to propose amending the auditing standards on an audit firm’s use of other audit firms and to propose a new auditing standard.

The Institute of Internal Auditors has introduced an Environmental, Health & Safety Audit Center to highlight the growing role of EHS auditors in corporate governance.

Accountants can play an important role in deterring human trafficking and smuggling.

For years, the conversation around XBRL and data-based reporting was theoretical. Though the SEC began requiring companies to report financial statements as data in XBRL format in 2009 (in addition to document versions), there’s been no dramatic evolution in how we think about financial reporting and analysis.

The Governmental Accounting Standards Board issued guidance Monday addressing several practical issues raised by stakeholders during implementation of GASB’s pension accounting and financial reporting standards for state and local governments.

A long-awaited regulation from the Dodd-Frank Act of 2010 requires companies to disclose the ratio of the CEO’s compensation to the median pay of employees and could prove to be effective in restraining the growth of CEO pay, according to a new study.

The Public Company Accounting Oversight Board is considering proposing new requirements for an auditor’s use of other auditors.

The Sustainability Accounting Standards Board has completed its work on writing provisional sustainability accounting standards for 79 industries in 10 sectors and is now embarking on the next phase of the standards development process.

The Public Company Accounting Oversight Board is conducting a post-implementation review of its Engagement Quality Review standard and is looking for feedback on the effectiveness of the 2009 standard.

The American Institute of CPAs’ Auditing Standards Board has issued a new auditing interpretation on audit reports.