Audit & Accounting

Operational analysis software company Oversight Systems has released Insights On Demand, cloud-based applications designed to identify fraud, corruption, and waste in travel and expense (T&E) transactions.

The board of trustees of the Financial Accounting Foundation, which oversees the Governmental Accounting Standards Board, issued a proposal Tuesday to change GASB’s scope of authority by altering the definition of “financial accounting and reporting information,” and released the results of its latest post-implementation review of GASB standards.

The ratio of audit fees over revenue was the lowest last year since 2004, according to a report by the research firm Audit Analytics, making it the lowest since the implementation of Section 404 of the Sarbanes-Oxley Act of 2002.

The Institute of Internal Auditors plans to open a new American Center for Government Auditing in early 2014 and has hired a new director to run it.

Top 10 Firm BDO USA LLP has expanded its presence in San Antonio by bringing on three partners and 25 staff from Regional Leader TravisWolff.

The Public Company Accounting Oversight Board found deficiencies in all of the firms it inspected that audit broker-dealers, according to a report released Monday, and in 95 percent of the individual audits that the PCAOB inspected.

The Public Company Accounting Oversight Board unveiled far-reaching proposals this week for enhancing the auditor’s reporting model in what could be the biggest transformation of the audit report in over 70 years.

Alfred P. Sloan Award recipients, best places to work, strategic partnerships and more...

Ernst & Young has donated its historical archives dating back to the early 1900s to Case Western Reserve University.

Accounting firm association PrimeGlobal announced Wednesday that Arthur Place, the managing partner of one of the firms in its association, died on Sunday.