Audit & Accounting

The London School of Business & Finance partnered with e-learning provider InterActive on the launch of InterActive TV, or IATV, an online channel that will broadcast accounting-related content for free 24 hours a day.

The Financial Accounting Standards Board and the Governmental Accounting Standards Board will begin using a majority vote, instead of relying on the board chairman’s decision alone, to establish project plans and agendas, and decide on the priority of projects.

A new report from the Public Company Accounting Oversight Board found that firms that audit 100 or fewer public companies and are inspected every three years showed a reduced rate of reported “significant audit performance deficiencies” in their 2007 through 2010 inspections, compared to when they were inspected from 2004 through 2006, but in 2011, the rate of deficiencies showed little sign of declining.

The Cloud Security Alliance has officially endorsed the American Institute of CPA’s framework for evaluating technology-related controls and other safeguards used by cloud service providers.

Confirmation.com founder and chief marketing officer Brian Fox talks about the some of the latest trends in financial statement fraud.

Confirmation.com founder and chief marketing officer Brian Fox talks about the future of technology in auditing.

An eagerly anticipated report on the auditing market from the United Kingdom’s Competition Commission found that the audit market is not serving shareholders and suggested as a possible remedy the mandatory rotation of auditing firms.

Express Scripts Inc. sued its accounting firm, Ernst & Young LLP, and one of its partners for the alleged theft of trade secrets and misappropriation of the pharmacy benefit manager’s confidential and proprietary data.

New network membership, Gotta Love Tax Season animated sketch, food and beverage industry study and more...

Warning: Banks in the U.S. are bigger than they appear.