The second public meeting of the President’s Advisory Council on Financial Capability for Young Americans (“the Council”) will be held on Thursday, October 2, 2014, from 9:00am - 11:30am EDT, on site at the US Department of the Treasury in Washington, D.C.

The Securities and Exchange Commission announced on Monday an expected award of more than $30 million to an unidentified whistleblower who provided key original information that led to a successful SEC enforcement action.

The International Federation of Accountants’ Professional Accountants in Business Committee has issued guidance on developing and reporting supplementary financial measures that fall outside of GAAP.

New firms, awards and more...

The Accountants Confidence Index took a slight dip in September, countering a slight rise in August -- though both the short-term and the mid-term figures remained in sync.

The International Public Sector Accounting Standards Board has approved its Conceptual Framework for General Purpose Financial Reporting by Public Sector Entities.

The majority of Australian accounting students are now foreign, The Australian Financial Review reports. 79% of Australian graduate accounting students hailed from overseas in 2013, with 55% of international students comprising undergraduate scholars in the field as well. Accounting was only behind business and management enrollment for international students in the Australian collegiate system last year.

The Private Company Council, the standard-setter for privately held companies, voted Tuesday to finalize an alternative that would exempt private companies from separately recognizing and measuring non-competition agreements and customer-related intangible assets that are not capable of being sold or licensed independently in a business combination.

The American Institute of CPAs has reorganized some of the content of its auditing and attestation standards.

Congratulations - you're a new parent! But how will work respond? It's no secret that maternal or parental leave differs from company to company, with benefits ranging from exceptional to unremarkable. Thankfully, Working Mother Magazine has compiled a handy list of 100 companies that treat recent parents with the best programs and support. Notably, a number of tax and accounting firms have been recognized for their work/life balance.

An industry group is urging the House to postpone a vote on legislation that would scale back Securities and Exchange Commission requirements for companies to file their financial statements using Extensible Business Reporting Language, or XBRL, technology.

Cleveland-based firm Meaden & Moore LLP has announced a partnership with Canadian-based LBC International, Ltd., creating the new partnership Meaden & Moore International LLP (MMI), which will combine LBC's London office with Meaden & Moore's UK subsidiary.

The Indiana CPA Society has released its first integrated report, becoming the first state CPA society in the U.S. to prepare its own integrated report.

Regulators have been clamping down on auditors of broker-dealers in recent years in response to the lack of meaningful audits of Bernard Madoff’s investment firm and other scandals uncovered during the financial crisis.

I’m a CPA, and I’m here to tell you financial reporting became simpler and easier to use in two significant areas.

The Public Company Accounting Oversight Board has released a new alert from the PCAOB staff warning auditors about deficiencies that have been seen in audits of revenue figures.

Mark Frissora, chief executive officer of Hertz Global Holdings Inc. stepped down today after investors had pushed for his removal, citing accounting and operational missteps.

The most influential people in the field of accounting, as chosen by their peers.

Industry surveys, industry conferences and more...

Check out the digital edition of the September 2014 issue of Accounting Today.