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A new academic study finds that fair value accounting was unfairly blamed for precipitating the 2008-2009 financial crisis, but acknowledges that some investors reacted positively to news that the rules would be relaxed in response to the crisis.
June 30 -
Big thoughts under blue skies: Short reads that can help take your practice to the next level.
June 28
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Ralph Summerford, president of the financial investigation firm Forensic Strategic Solutions in Birmingham, Ala., sees a growing need for forensic accountants and fraud examiners.
June 27
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The worlds four biggest accounting firms said a planned pro-democracy sit-in protest in Hong Kongs business district may lead to an exodus of firms, hurting the economy.
June 27 -
Scott London, the former partner in charge of KPMGs Pacific Southwest audit practice, talked about what led up to his fraud conviction and insider trading charges during a webinar before he begins a 14-month prison term next month.
June 27 -
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Daily Journal Corp., the California publisher that counts billionaire Charles Munger as chairman, dismissed Ernst & Young LLP after the auditor faulted the companys accounting.
June 27 -
Deloitte has appointed Catherine Engelbert as chairman and CEO of Deloitte & Touche LLP, the audit subsidiary of Deloitte LLP, to lead its audit practice.
June 27 -
The Public Company Accounting Oversight Board has released staff guidance to help auditors of brokers and dealers registered with the Securities and Exchange Commission to plan and perform audits in accordance with PCAOB standards as mandated by the Dodd-Frank Act and SEC rules.
June 26 -
Thomson Reuters has released a special report examining the Public Company Accounting Oversight Boards new standards affecting broker-dealer audits.
June 26
