Financial reporting

Recent promotions, new hires and more

Todd Boslau was recently promoted to partner at Top 100 Firm ParenteBeard LLC.

The CPA test is one of the most difficult professional credential examinations where the average passing rate is one of the lowest in any professional qualification test.

The Financial Accounting Foundation’s board of trustees appointed former NASBA chairman Billy Atkinson as chairman of the new Private Company Council, and named the other members of the new council, which will be able to recommend and vote on changes to accounting standards for privately held companies.

Granite Consulting Inc. has issued a call for submissions for its upcoming “Top 10 Rising Stars in Internal Audit” list to recognize high-performing members of the internal audit profession.

Mario Patone moved up as partner at the Top 100 Firm ParenteBeard LLC.

Top 100 accounting and business consulting firm Moss Adams announced Chris Schmidt as its next chairman and chief executive officer and Dick Fohn as president and chief operating officer in a planned transition that will take effect in the first half of 2013.

Intuit has confirmed that its QuickBooks Online has gone global through multi-language and multi-currency features that will allow businesses and accounting firms in any country to utilize the product.

Working Mother released its list of the 100 Best Companies to Work For, and a number of large accounting firms ranked within the Top Ten.

The Committee of Sponsoring Organizations of the Treadway Commission has released an exposure draft of its Internal Control over External Financial Reporting: Compendium of Approaches and Examples.

Feeley & Driscoll PC recently added Christopher Previte and Erik Lynch as its newest shareholders.

At the very tail end of August, I went to scenic Rosemont, Ill., to catch the annual Midwest Accounting Jamboree, one of the biggest trade shows on the calendar, and I thought I’d share a few observations.

Legal and regulatory information provider Bloomberg BNA has launched its new Financial Accounting Resource Center to help accounting professionals keep up with changes in accounting standards.

The Public Company Accounting Oversight Board is heading to Houston to host its third public meeting on auditor independence and audit firm rotation.

Accounting Today and Best Companies Group have announced their list of the 2012 Best Accounting Firms to Work For, highlighting the top workplaces in the accounting profession.

Cloud-based workflow management software provider XCM Solutions plans to introduce a new scheduling module that will incorporate an automated, real-time resource allocation component as well as calendar-based scheduling.

John Litchfield will manage the internal accounting, technology and human resource operations for the firm.

Recent promotions, new hires and more

Recent network memberships, awards, new Web sites and more

Lindsay Rudkin will assist the firm with marketing and business growth plans.