Financial reporting

The Financial Accounting Foundation has appointed investor and asset manager Ann Spruill to its Board of Trustees, effective Jan. 1, 2014.

A student team from the University of Portland was named champions of the American Institute of CPAs’ 2013 Accounting Competition, winning the $10,000 award to be split among them.

Full-service Minnesota financial firm Apple Valley Accounting & Tax has acquired Gilbertson CPA, with office locations in New Prague and Burnsville.

Office relocations, record high revenues and more...

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 to help FASB and the PCC determine whether and when to provide alternative recognition, measurement, disclosure, display, effective date or transition guidance for private companies reporting under U.S. GAAP.

The accounting profession's expectations for economic growth remained positive for the third month in a row, according to the December edition of the Accounting Today’s monthly Accountants Confidence Index.

Accounting Today is in the midst of compiling its annual lists of the Top 100 Firms and Regional Leaders, and is looking for more top-notch accounting firms to consider.

The New York State Society of CPAs celebrated its new headquarters in Downtown Manhattan this week, with an open house and an official ribbon-cutting.

U.S. banking industry groups are pressing regulators to clarify accounting for certain securities under the Volcker Rule after lenders complained the Dodd-Frank Act measure may force them to take writedowns.

RoseRyan Holiday cocktails, relocations and more...

The Financial Accounting Standards Board has released the 2014 U.S. GAAP Financial Reporting Taxonomy.

Chattanooga-based Top 100 Firm Decosimo has merged with Larry Hyatt & Associates boosting its state and local tax expertise.

Small business accounting software maker Acclivity has released AccountEdge 2014, its premium product with new departmental accounting, cloud, improved jobs reporting and rerun integration features.

The International Ethics Standards Board for Accountants released for public consultation Tuesday a proposed strategy and work plan for the next five years.

Accounting educator, author and commentator Abraham J. Briloff died last week at the age of 96.

Abraham Briloff passed away recently at the age of 96. Those who love accounting and value truth in corporate annual reports will greatly miss him.

Gem Accounts has released of two new versions -- one designed for small to midsized enterprises and another delivered free of cost for “micro” and small businesses.

Gift giving, surveys and more...

The International Auditing and Assurance Standards Board released an updated and enhanced International Standard on Assurance Engagements.

IFAC released a guide for professional accountants conducting review engagements in compliance with International Standard on Review Engagements.