Audit & Accounting

The Institute of Management Accountants reported Tuesday that it has achieved a record amount of growth in the fiscal year ending June 30, 2014 in terms of membership numbers and people earning the IMA’s Certified Management Accountant credential.

Young accountants entering the profession and small firms may both be missing a huge opportunity, according to leading consultant Darren Root.

Accounting Today is now accepting submissions for its annual Managing Partner Elite list of top firm leaders.

Registration for CCH's User Conference 2014 is filling up fast; industry studies by BDO and the AICPA are out, office closures and relocations...

The International Accounting Standards Board has released a new document describing some of its most recent tentative decisions from the first half of the year on the standards for lease accounting, including what appears to be an about-face on how leases should be categorized, opening up a new gulf between it and the Financial Accounting Standards Board.

The American Institute of CPAs has launched an initiative to improve audit quality at private companies

Hans Hoogervorst, chairman of the International Accounting Standards Board, reportedly told an audience in Singapore last week that full convergence is no longer an achievable project.

XBRL US, a nonprofit organization that helps develop Extensible Business Reporting Language data tags in the U.S., is offering free data quality tools to help companies improve their XBRL financial filings with the Securities and Exchange Commission and avoid "Dear CFO" letters.

'For the benefit of' or 'to the benefit of' -- what's the difference?

Check out the digital edition of the August 2014 issue of Accounting Today.