Audit

Berdon LLP and Rihanna have settled the singer’s multi-million-dollar lawsuit against the Top 100 Firm out of court.

With 11 overall new Securities and Exchange Commission clients and a net gain of eight, Top 10 Firm BDO led the nation’s large firms in the first quarter of 2014.

NJSCPA gives out more than $500K in scholarships, Fraud & Forensic Accounting Education Conference update, and more...

Former Secretary of Defense Donald Rumsfeld yesterday made public a letter he said he sends every year to the IRS, along with his tax return.

The International Federation of Accountants has received £4.935 million ($8.256 million) in funding from the United Kingdom’s Department for International Development, or DFID, for the purpose of strengthening professional accountancy organizations around the world.

The Governmental Accounting Standards Board has issued a concepts statement that will guide GASB in establishing accounting and financial reporting standards for U.S. state and local governments regarding the measurement of assets and liabilities.

Marcum tapped by Bitcoin, UHY International puts out a study, and more…

The Financial Accounting Standards Board has issued new guidance on representing when a company or organization discontinues its operations.

Public company audits worldwide suffer from persistent deficiencies in critical audit areas, raising concern among international audit regulators, according to a new report released Thursday by the International Forum of Independent Audit Regulators.

The AICPA recently issued an Accounting and Valuation Guide on assets acquired to be used in research and development activities, replacing a practice aid it issued in 2001 for in-process research and development.

PricewaterhouseCoopers LLP’s acquisition of consulting firm Booz & Co., completed this week, has U.S. regulators eyeing the potential for conflicts of interest in the auditing industry—again.

Rudy Giuliani tapped as the keynote speaker for Marcum’s 3rd Annual MicroCap Conference, new websites, and more…

The European Parliament endorsed a draft agreement Thursday on legislation to open up the audit services market in the European Union beyond Big Four firms.

The Public Company Accounting Oversight Board held a public meeting Wednesday to solicit feedback from experts on its proposals for changing the auditor’s reporting model.

A roundup of audit and assurance news from the previous month.

The Public Company Accounting Oversight Board has entered into a cooperative agreement with the Supervisory Board of Public Accountants of Sweden on the oversight of audit firms in both regulators’ jurisdictions.

The International Integrated Reporting Council has signed a memorandum of understanding with the Global Initiative for Sustainability Ratings in which the two groups pledge to work together to promote and support the global alignment of corporate reporting and ratings frameworks.

The results of inspections conducted by Canada's audit regulator showed signs of improvement last year, but the risk of restatements remained too high at some firms, the Canadian Public Accountability Board said in a report released Monday.

Film festivals, health care symposium and more…

Public Company Accounting Oversight Board member Steven Harris said the major auditing firms should begin providing their own financial statements to the PCAOB.