Audit

The Institute of Internal Auditors plans to launch a Financial Services Audit Center this summer to help internal auditors at financial firms.

Financial Accounting Foundation president and CEO Terri Polley sits down with Accounting Today managing editor Tamika Cody to share how the foundation plans to attract more people of color to the profession and why the FAF teamed up with the National Association of Black Accountants.

BDO USA has issued its annual list of the top issues it expects to be raised at the annual general meetings of shareholders during the coming year.

Pressure from within companies on internal auditors to go easy on their audits remains extensive and pervasive, according to new research.

Thomson Reuters CS Professional Suite announced on Monday that it is the first to certify an application for electronic filing with the Indiana Department of Revenue, effective immediately. 90,000 Indiana S corporations will now be able to electronically file their 2014 annual business tax filings (IT-20S).

Better communication among internal and external auditors and audit committee members can ease some of the tensions, according to a new report.

Compensation for management accounting and finance professionals rose by an average of 7.1 percent last year, according to a new survey, but some specialties received raises while others saw their salaries remain stagnant.

The Financial Accounting Standards Board said Monday that the Securities and Exchange Commission has adopted its 2015 GAAP Financial Reporting Taxonomy, which uses XBRL format.

The Financial Accounting Standards Board and the International Accounting Standards Board are considering some changes to their converged revenue recognition standard that could lead to divergence after hearing feedback from the Joint Transition Resource Group that is examining implementation issues.

Deloitte introduced a new analytics platform for internal auditors to support the end-to-end audit process with data visualization, risk sensing and analytic techniques.

Prince Charles' Accounting for Sustainability Project and its Chief Financial Officer Leadership Network has published four guides to help the finance and accounting community address the issues of integrating sustainability into their business processes and decisions.

Chief audit executives and audit committee members view internal audit priorities differently, particularly when prioritizing risks, according to a new survey by Grant Thornton.

The Institute of Internal Auditors is merging with the Auditing Roundtable to create a new Environmental, Health, and Safety Audit Center that will serve environmental, health and safety auditors around the world, starting in 2016.

Financial reports that incorporate assumptions aren’t worth a dime for actually reducing uncertainty.

Audit reviewers who are aware of the personal biases of audit preparers are still influenced by them, according to a new study.

Financial Accounting Foundation president and CEO Terri Polley explains what the organization is trying to achieve with its career initiative.

An organization of Irish accountants has signed an agreement with a Russian accounting organization, to provide education, training, examination, an online certificate in financial reporting and an array of other areas.

Many nonprofit professionals are expecting growth and increased revenue this year, according to a new survey.

Noble Group Ltd. denied inflating the balance-sheet value of contracts as Asia’s biggest commodities trading house published a rebuttal against allegations by Iceberg Research, an anonymous group that’s questioned the company’s accounting methods. Noble’s shares rose.

Indiana Wesleyan University (IWU) announced the launch of a new degree program on Wednesday, in a partnership with the Ron Blue Institute. The Master of Business Administration in Personal Financial Planning (MBA-PFP) allows Certified Financial Planners to earn an MBA by completing just seven or eight additional courses.