Audit

Bernadine Gines evolved in the face of racism, sexism and became an inspiration to young finance professionals

Cathy Engelbert has been elected as the first female chief executive officer at the Top Four Firm.

On Monday, the AICPA announced that Cathy Engelbert will serve as the new CEO of Deloitte, effective March 11, replacing interim chief executive officer Frank Friedman.

Financial Executives International has sent a letter to the Financial Accounting Standards Board taking issue with FASB’s recent proposed changes in the accounting standards for income taxes.

Minority based internship programs, community service and more …

The Securities and Exchange Commission has imposed sanctions against four China-based accounting firms that had until recently refused to turn over documents related to investigations of potential accounting fraud.

India’s Ministry of Corporate Affairs has released a revised roadmap for implementation of Indian Accounting Standards as part of its effort to converge with International Financial Reporting Standards.

The Securities and Exchange Commission voted Wednesday to approve the Public Company Accounting Oversight Board’s 2015 budget and annual accounting support fee, which were both lower than last year.

The Institute of Internal Auditors is sending out a survey in 23 languages to internal auditors around the world in an effort to gauge the opinions of audit professionals across the globe.

The Financial Accounting Standards Board has issued an exposure draft of two proposed accounting standards updates that would affect the accounting for income taxes for businesses.

Audit committees across the globe cited economic and political uncertainty and volatility, regulatory compliance, and operational risk as the greatest challenges for companies in the year ahead, according to a new survey from KPMG.

Check out the digital edition of the February 2015 issue of Accounting Today.

A roundup of audit and attest news from the previous month

Top eight to-do's for the new chief accountant

Experience in Europe suggest it might be worth a try

EisnerAmper offers webinars with CPE credits, BDO’s private equity study, and more…

Earlier this month, the Illinois CPA Society hosted this year's Mary T. Washington Wylie (MTWW) Internship Preparation Program, providing 25 minority college students with access to training and resources essential in the transition from student to professional.

The small business mentoring organization SCORE has compiled some new statistics demonstrating how much time and money small businesses spend each year on accounting, taxes and payroll administration.

KPMG announced today the members of an advisory council, comprised of proven leaders across business, sports, and the media, who will help guide the seminal KPMG Women’s Leadership Summit. The summit, hosted on-site during the KPMG Women’s PGA Championship this upcoming June, will serve to bring many of today’s most accomplished women together to inspire the next generation of women leaders.

The Financial Accounting Foundation has released its annually updated print edition of the Financial Accounting Standards Board’s FASB Accounting Standards Codification, providing the authoritative source of U.S. GAAP for public and private companies and not-for-profit organizations.