Audit

Last year, the percentage of non-audit fees dropped below 10 percent of the total fees paid to audit firms for the first time since Sarbanes-Oxley, according to a new report.

Financial Executives International has appointed Andrej Suskavcevic as president and CEO of both FEI and the trade group’s Financial Executives Research Foundation.

The American Institute of CPAs has released new guidance in Q&A format on required supplementary information for audited financial statements.

Tim Gearty of Becker Professional Education describes some of the recent changes in accounting standards that will be confronting CPA candidates on their upcoming exams, in an interview with Accounting Today editor-in-chief Dan Hood.

Tim Gearty of Becker Professional Education discusses some recent changes in accounting standards that CPA Exam candidates should know about before sitting for the test, in an interview with Accounting Today editor-in-chief Dan Hood.

The Center for Audit Quality and the Auditing Section of the American Accounting Association are looking for academics who want access to audit firm personnel for their research projects.

The Governmental Accounting Standards Board said the deadline is approaching for comments on two of its proposed changes in standards for external investment pools and irrevocable split-interest agreements.

The SEC must get out of the way and let FASB tackle its to-do list

The Financial Accounting Standards Board plans to host roundtable meetings to discuss its recent proposed changes in accounting for not-for-profit organizations and health care entities.

Nearly half of accounting and finance professionals in a recent survey said they typically spend their lunch breaks eating alone, even though almost as many said they would rather have a coworker join them for lunch.

Most of my clients, large and small, have always been on fixed annual fees, payable monthly.

The two firms brought on the most new SEC audit clients

Tim Gearty of Becker Professional Education discusses how the CPA Exam is testing for recent accounting standards updates, in an interview with Accounting Today editor-in-chief Dan Hood.

New tools can make spreadsheets manageable

Auditing firms (especially the Big Four) have been increasingly seeking "boomerang" auditors - individuals who, after working as auditors, take a position as a manager or CFO at a company, and then return to auditing. Driving this "boomerang" hiring trend is the belief that being able to take the perspective of a manager makes for a better auditor - one who is better able to tell when a manager is overstating or exaggerating earnings. A new study - the first to measure auditor accuracy in assessing earnings bias - confirms that belief.

The Public Company Accounting Oversight Board announced that the next meeting of its Investor Advisory Group.

The Public Company Accounting Oversight Board has entered into an arrangement with the Hellenic Accounting and Auditing Standards Oversight Board relating to the oversight of audit firms.

Almost nine in ten audits of broker/dealers examined in 2014 had deficiencies, according to a new Public Company Accounting Oversight Board report, and almost a quarter had independence issues.

The Financial Accounting Foundation has named Candace Wright as the next chair of the Private Company Council.

Last December, based on a recommendation from the Private Company Council, the Financial Accounting Standards Board issued a notable accounting standards update for intangible assets in business combinations.