Audit & Accounting

The American Institute of CPAs has reorganized some of the content of its auditing and attestation standards.

Congratulations - you're a new parent! But how will work respond? It's no secret that maternal or parental leave differs from company to company, with benefits ranging from exceptional to unremarkable. Thankfully, Working Mother Magazine has compiled a handy list of 100 companies that treat recent parents with the best programs and support. Notably, a number of tax and accounting firms have been recognized for their work/life balance.

Cleveland-based firm Meaden & Moore LLP has announced a partnership with Canadian-based LBC International, Ltd., creating the new partnership Meaden & Moore International LLP (MMI), which will combine LBC's London office with Meaden & Moore's UK subsidiary.

The Indiana CPA Society has released its first integrated report, becoming the first state CPA society in the U.S. to prepare its own integrated report.

Billionaire Charles Munger, who dismissed Ernst & Young LLP as auditor of his Daily Journal Corp., compared the accounting firm to a misguided physician.

The Institute of Internal Auditors has called on Congress today to fully support efforts by federal inspectors general to ensure unrestricted access to information needed for their investigations, as allowed by federal law.

Regulators have been clamping down on auditors of broker-dealers in recent years in response to the lack of meaningful audits of Bernard Madoff’s investment firm and other scandals uncovered during the financial crisis.

I’m a CPA, and I’m here to tell you financial reporting became simpler and easier to use in two significant areas.

The Public Company Accounting Oversight Board has released a new alert from the PCAOB staff warning auditors about deficiencies that have been seen in audits of revenue figures.

Mark Frissora, chief executive officer of Hertz Global Holdings Inc. stepped down today after investors had pushed for his removal, citing accounting and operational missteps.