Audit & Accounting

The online audit confirmation service Confirmation.com has expanded its presence in Europe with the acquisition of ProConfirm Ltd., an electronic audit confirmation service based in London.

PrimeGlobal and HLB International add to their network and more…

The Big Four accounting firms are reportedly rebuilding their legal service practices, after abandoning much of that area over a decade ago in response to Sarbanes-Oxley restrictions.

The American Institute of CPAs’ Auditing Standards Board has amended its standards for providing so-called “comfort letters” to underwriters and other parties requesting such letters.

Among large firms, KPMG and Marcum LLP tied for the most new Securities and Exchange Commission audit clients in the second quarter of 2014.

The International Accounting Standards Board has issued the final element of its own long-awaited financial instruments accounting standard after failing to reach a consensus with the U.S. Financial Accounting Standards Board on key elements related to credit losses and loan impairments.

Financial restatements declined substantially in the decade after the passage of the Sarbanes-Oxley Act of 2002, according to a new academic study.

PricewaterhouseCoopers has released a new paper on how companies can get ready for the newly converged revenue recognition accounting standard.

The International Accounting Education Standards Board has begun a new project to improve the relevancy, clarity and consistency of its standards along with their applicability to members and associates of the International Federation of Accountants.

Accounting Today and Accountingfly have announced Advance 2014: The Accounting Career Summit, a week-long event featuring a series of high-profile webinars on recruitment, retention and the accounting job market, culminating in an online job fair.