Audit

The Public Company Accounting Oversight Board has scheduled an open meeting for Thursday to consider adopting attestation standards for auditors of brokers and dealers.

The IFRS Foundation Education Initiative said Monday it is publishing free downloadable teaching materials in all the languages of the United Nations, including Arabic, Chinese, English, French, Portuguese, Russian and Spanish.

The development of professional organizations for accountants is seen as a key tool for global, regional and national development, according to a new report.

The Financial Accounting Standards Board plans to host a series of public roundtable meetings to gauge feedback on its proposed accounting standards for insurance contracts.

CCH has made several improvements to its ProSystem fx Engagement and Knowledge Coach products, designed to make it easier for audit professionals to monitor and report trial balance activity on multiple funds while ensuring compliance.

Firm News: Oct. 3. 2013

PricewaterhouseCoopers is one of the accounting firms hoping to address the needs of companies and individuals who are uncertain about the implications of the new health insurance exchanges and marketplaces that opened this week.

The Private Company Council voted at a meeting on Tuesday to finalize two alternatives within U.S. GAAP, for accounting for interest rate swaps, and for accounting for goodwill in a business combination for private companies. The two alternatives will now go to the Financial Accounting Standards Board for discussion and possible endorsement.

Recent news in auditing and assurance

The Governmental Accounting Standards Board launched an updated website Monday that includes more user-friendly navigation and “plain English” resources covering accounting and financial reporting issues for state and local governments.

As if the tax and accounting business itself wasn’t busy enough, demand is also up for teachers of college-level accounting courses.

Managers in accounting, finance and IT are looking to strengthen their hiring plans for the rest of the year, according to a new hiring forecast from recruiting company Brilliant.

New HLB International memberships, new accounting blog, new apps and more...

Earlier this month the Securities and Exchange Commission adopted final rules regarding the registration of municipal advisors under the Dodd-Frank Act that included an exemption for accountants who provide a range of audit and attest services.

The Private Company Council has released the agenda of its next public meetings, which are scheduled for September 30 and October 1.

The Sustainability Accounting Standards Board has created a corporate pilot program to guide companies on how to use the board’s standards to report material sustainability issues in their SEC filings.

Income per equity partner at the nation’s CPA firms jumped 5.5 percent in 2012, climbing to $386,000, according to the recently released 2013 Rosenberg MAP Survey.

Income per equity partner at the nation’s CPA firms jumped 5.5 percent in 2012, climbing to $386,000, according to the recently released 2013 Rosenberg MAP Survey.

Thomson Reuters has released PPC’s SMART Practice Aids – Audit Essential on its Thomson Reuters Checkpoint online research service.

The Securities and Exchange Commission said Tuesday that foreign private issuers who prepare their financial statements in accordance with International Financial Reporting Standards do not have to submit interactive data files until the SEC decides on a suitable XBRL taxonomy.