Accounting standards

The board is adding two new projects planned for short-term action, along with four new projects aimed at improving its rules to protect investors.

EY is revamping two of its internal U.K. management teams, weeks after the company ditched plans to break up its audit and consulting operations globally.

Both audits and independent boards are basic standards that any investor would expect a company to have in place, particularly if that firm is of a certain size and working in a financial sector.

Danielle Pollock became one of the seven students to be selected for the board's Postgraduate Technical Assistant program.

The foundation appointed the managing partner of assurance and risk at Baker Tilly, Jere Shawver, as the next chair of the council.

Illustrative guidance would help determine whether the extra money companies hand out to execs should be accounted for as share-based payments.

The board is proposing to make the standards it inherited last year more applicable across the globe.

The Institute of Singapore Chartered Accountants and the Kampuchea Institute of CPAs and Auditors signed a memorandum of understanding.

The Public Company Accounting Oversight Board found problems in its initial audit firm inspections in China.

Among the four biggest global accounting firms, Ernst & Young is likely to be the most exposed to Beijing's crackdown on U.S.-linked auditors, as it stands to lose about a 10th of its China revenue.