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The chairman of the Financial Accounting Standards Board said Thursday that the FASB staff expects to issue the long-awaited converged standard on revenue recognition that it has developed with the International Accounting Standards Board this month, calling it “a grand achievement for both boards.”

Public Company Accounting Oversight Board chairman James Doty said in a speech Thursday that he is concerned about cuts in audit fees having an impact on the quality of audits as the auditing practice becomes a declining part of the revenue at accounting firms.

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

Professors Miller & Bahnson argue that it's time to finally reject IFRS and the IASB for the U.S.

Are your clients ready for the new COSO internal framework?

Senior editor Danielle Lee reflects on her tenure at Accounting Tomorrow.

A father and son who work at different accounting firms share the different ways they view the profession.

The impact on CPA firms of app stores and mobile devices should motivate them to think differently about their technology and integration strategies.

The latest issues in professional liability

Accounting firm marketers may finally start coming into their own

Matthew McConaughey has a lesson for accountants.

Too many firms wonder if a strategic plan is really necessary.

Should you assume that your favorites will be retroactively revived?

A roundup of recent accounting firm M&A.

Technology is about to disrupt the field service industry -- and all your clients who are in it.

New books for accountants

Accountants need to stop engaging in these behaviors

CPAs need to expand the types of courses they take

Remember -- it's all about them, not you.