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The Center for Audit Quality has released a new Guide to Internal Control Over Financial Reporting to explain to investors and the general public the process used by U.S. public companies to enhance the reliability of their financial statements by reducing the risk of material errors or misstatements.
March 21 -
The Public Company Accounting Oversight Board is mulling the possibility of reorganizing its auditing standards into a topical structure.
March 21 -
Chief audit executives are focusing on adding more value to their organizations as they move away from strictly a compliance role.
March 21 -
The International Ethics Standards Board for Accountants has released stronger provisions in its Code of Ethics for Professional Accountants to address conflicts of interest and a breach of a requirement of the code.
March 21 -
The Government Accountability Office has expressed its support for giving auditors more responsibility for the information in documents accompanying audited financial statements.
March 20 -
A trade group representing credit unions is asking the Financial Accounting Standards Board to delay its proposals for changes in the accounting for credit losses and loan impairments.
March 19 -
Krista McMasters has decided to resign as co-chief executive officer of CliftonLarsonAllen and retire on April 1, 2013, a little over a year after the firm's creation from the merger of Clifton Gunderson and LarsonAllen.
March 19 -
SAP has released the SAP Fraud Management analytic application powered by SAP HANA, the latest analytics tool from the enterprise software maker designed to integrate with most ERP systems in order to detect, investigate, analyze and prevent irregularities or fraud activity.
March 19 -
The trustees of the IFRS Foundation have included the U.S. Financial Accounting Standards Board among the national and regional standard-setters in the new Accounting Standards Advisory Forum, the new group that will advise the International Accounting Standards Board on development of International Financial Reporting Standards.
March 19