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A roundup of audit and accounting news from the previous month
September 1 -
Ridgeland, Miss. accounting firm Horne LLP is fed up - not with a person, pesky law, or another company (thankfully). Rather, the $67 million firm is setting its sights on the formalities of accounting firm culture, going so far as producing a nearly six-minute trailer for "The HORNE Identity: Connect the Dots"; a cinematic take on Horne's anti-traditional views in a rapidly-changing workplace.
August 29
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The Financial Accounting Standards Board has released a proposed 2015 GAAP Financial Reporting Taxonomy for public review and comment, containing computer-readable financial reporting labels coded in Extensible Business Reporting Language, or XBRL.
August 29 -
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The receipt of a comment letter from the Securities and Exchange Commission induces many top executives to start selling shares in their companies before the letters are released to the public, according to a new study.
August 29 -
The Securities and Exchange Commission said Friday it has issued a whistleblower award of more than $300,000 to a company employee who performed audit and compliance functions and reported wrongdoing to the SEC after the company failed to take action when the employee reported it internally.
August 29 -
Adding a set of simple sentences to your firms engagement letters could go a long way to making your firm safer from lawsuits, a legal expert told accountants at the Midwest Accounting Show.
August 28 -
Many of the biggest concerns for accounting firms in the future relate to people issues, according to Illinois CPA Society president and CEO Todd Shapiro.
August 28
