Audit & Accounting

The top vendors listed on travel expense reports last year in terms of the percentage of receipts included Starbucks, Delta Air Lines, Avis and Marriott, according to a new report by travel and expense management software developer Certify.

The Financial Accounting Standards Board issued a pair of updates Thursday to U.S. GAAP to provide alternatives for private companies on the subsequent accounting for goodwill and for interest rate swaps.

The Institute of Singapore Chartered Accountants has signed a memorandum of understanding with the Institute of Chartered Accountants in England and Wales to offer accountants in Singapore a pathway to the Associate Chartered Accountants designation.

The Sustainability Accounting Standards Board and the International Integrated Reporting Council have signed a memorandum of understanding pledging to collaborate more closely to advance corporate disclosures of sustainability efforts to investors.

The accounting profession's expectations for economic growth wobbled slightly, but remained positive for the fourth month in a row, according to the January edition of Accounting Today’s Accountants Confidence Index.

The International Valuation Standards Council has released a guide that aims to raise awareness of audit procedures among professional valuers in response to heightened scrutiny by regulators of valuations.

A task force that has been investigating the budget crisis affecting many states across the country is calling for major changes in the ways that states handle their budgeting and financial reporting.

Cloud accounting provider FreshBooks has partnered with cloud payroll service ZenPayroll, aiming at providing a joint service to small business owners and sole proprietors.

The Securities and Exchange Commission has delayed until July 1, 2014, the date on which the first set of municipal advisors will be required to register under final rules issued by the commission.

The Rainmaker Companies has announced a transition in ownership. The group, which provides training, consulting and networking to accounting firms, will be led by newly appointed CEO Dan Brooks and president Angie Grissom.