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The Public Company Accounting Oversight Board anticipates signing a deal by the end of the year to inspect auditing firms located in China, a long-sought goal.
February 5 -
International Accounting Standards Board chairman Hans Hoogervorst said in a speech Wednesday the IASB is aware of concerns about the potential costs of the converged lease accounting standards that the IASB has been developing with the U.S. Financial Accounting Standards Board, and he assured the audience that those costs would be kept to a minimum.
February 5 -
Hewlett-Packard Co. said accounting errors at Autonomy Corp. have led it to cut the reported 2010 revenue at the software makers largest unit by 54 percent, adding fuel to a legal dispute over its purchase of Autonomy.
February 4 -
New research finds that material restatements of earnings that involve correcting accounting irregularities and not just honest errors, lead to a loss in company credibility with investors lasting substantially longer than previously documented.
February 3 -
With eight overall new Securities and Exchange Commission audit clients and a net gain of five, Top 20 Firm Marcum topped the charts among large and national firms in the fourth quarter, and brought in over a million dollars in audit fees.
February 1 -
The recent growth in the consulting practices of the largest firms means it's time for the PCAOB to take bold action, according to one reader.
February 1 -
A roundup of audit and attest news from the previous month.
February 1 -
The Financial Accounting Standards Board and the Private Company Council have issued the final version of their Private Company Decision-Making Framework: A Guide for Evaluating Financial Accounting and Reporting for Private Companies
February 1 -
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Best companies to work for, UHY Energy M&A Symposium and more...
January 31 -
The Financial Accounting Foundation has announced that the Financial Accounting Standards Boards FASB Accounting Standards Codification has been enabled for use on tablet devices.
January 31 -
The International Accounting Standards Board has released an interim standard for businesses that engage in rate-regulated activities, such as gas, electric and water utility companies, even as a new report from two prominent accounting profession organizations outlines some of the challenges the IASB is facing.
January 30 -
The Governmental Accounting Standards Board has released an implementation guide for the new GASB standards for accounting and financial reporting for pensions.
January 30 -
The American Institute of CPAs Auditing Standards Board is proposing changes in subject-matter specific attestation standards.
January 30 -
The Financial Accounting Standards Board voted Wednesday to reorganize its future agenda to focus more closely on the issues most important to FASB stakeholders, as it anticipates completion of its remaining four convergence projects for harmonizing U.S. GAAP with International Financial Reporting Standards.
January 29 -
Nearly 80 percent of business executives surveyed last year by Deloitte anticipate that complying with the lease accounting standards that the Financial Accounting Standards Board and the International Accounting Standards Board have been collaborating on will be difficult, with concerns especially high about data quality and information technology systems.
January 29 -
The Financial Accounting Foundation said Tuesday that it will contribute up to $3 million to the International Financial Reporting Standards Foundation to help complete some of their joint accounting standards convergence projects.
January 28 -
The Securities and Exchange Commission has filed a joint motion with Deloitte Touche Tohmatsu CPA Ltd. to dismiss without prejudice a subpoena enforcement action that the SEC had filed in 2011 after Deloittes Chinese affiliate failed to produce audit work papers for one of its clients in China, Longtop Financial Technologies, whose securities trade in the U.S.
January 27 -
With eight overall new Securities and Exchange Commission clients and a net gain of five, Top 20 Firm Marcum topped the charts among large and national firms in the fourth quarter bringing in over a million dollars in audit fees.
January 24 -