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With 11 overall new Securities and Exchange Commission clients and a net gain of eight, Top 10 Firm BDO led the nations large firms in the first quarter of 2014.
June 1 -
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CPA firms are advising clients to begin to get ready for the newly released revenue recognition standards, even though they wont be taking effect until 2017.
May 30 -
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Changes in the proposed lease accounting standards that the Financial Accounting Standards Board and the International Accounting Standards Board are working to converge are expected to have an impact on approximately half of public companies, but less than 10 percent will see a major impact, according to new research by the IASB.
May 30 -
The Hong Kong government plans to meet Chinese officials to discuss concerns over a proposal to ban foreign accounting firms without a mainland partner from auditing Chinese companies planning to list overseas.
May 29 -
Public companies are confronting significant new compliance challenges from a combination of Sarbanes-Oxley requirements, Public Company Accounting Oversight Board inspections of their auditing firms, and COSOs new internal control framework, according to a new survey.
May 29 -
The XBRL International Standards Board is forming a global Corporate Actions Working Group to standardize the transmission of corporate action events in Extensible Business Reporting Language, or XBRL.
May 28 -
The Governmental Accounting Standards Board voted unanimously Wednesday to approve two exposure drafts proposing significant improvements to financial reporting by state and local governments of other post-employment benefits, such as retiree health insurance.
May 28 -
The Financial Accounting Standards Board and the International Accounting Standards Board have released their long-awaited converged standard on revenue recognition after more than a decade of effort.
May 28 -
Summer webinars offering CPE credit, best places to work and more
May 23 -
The American Institute of CPAs is working with the College Board to develop an advanced placement course in accounting for high school students.
May 21 -
The Center for Audit Quality plans to fund four new academic research projects after requesting proposals last December.
May 21
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The Securities and Exchange Commission charged the former chief risk officer at Deloitte LLP with violating auditor independence rules by accepting casino markers from a casino gaming company client.
May 20 -
The International Ethics Standards Board for Accountants has released for public comment an exposure draft on proposed changes to certain provisions of the ethics code related to non-assurance services for audit clients.
May 20 -
American Institute of CPAs president and CEO Barry Melancon discussed the need for greater diversity at CPA firms as efforts at greater inclusion seem to be running into some headwinds.
May 19 -
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Accountants should take the lead in assessing the impact on their companies of the depletion of natural resources, recommends a new report.
May 16 -
The Governmental Accounting Standards Board has issued a proposed standard to address the accounting and financial reporting issues related to fair value measurements for state and local governments.
May 15 -
The Public Company Accounting Oversight Board has released staff guidance on how the PCAOB should perform an economic analysis as part of its standard-setting process.
May 15
