Regulation and compliance
Regulation
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PricewaterhouseCoopers and Booz & Co. have signed a conditional agreement to merge, increasing the Big Four firm's presence in the consulting business.
October 30 -
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Congress, not the Internal Revenue Service, is to blame for the recently announced postponement of the beginning of next years tax season, according to the National Association of CPA Practitioners -- and it called on the legislative branch to take quick action to prevent further delays.
October 25 -
The American Institute of CPAs Accounting and Review Services Committee has issued an exposure draft proposing three new and revised standards that would make significant changes in how accountants perform compilation engagements.
October 24 -
The Securities and Exchange Commission has voted unanimously to propose rules under the JOBS Act allowing companies to offer and sell securities through crowdfunding.
October 24 -
Deloitte & Touche LLP has agreed to pay $2 million to settle charges with the Public Conpany Accounting Oversight Board for violating the Sarbanes-Oxley Act and PCAOB rules by allowing a former partner to perform or continue to perform activities as an associated person that were prohibited while he was subject to a PCAOB suspension order.
October 23 -
The American Institute of CPAs has faced a hectic year dealing with problems like the last-minute fiscal cliff deal that delayed tax season, along with the after-effects of Superstorm Sandy and the impact of changes at the Internal Revenue Service that made life difficult for many tax practitioners.
October 22 -
Accounting Today named the Best Firms to Work For 2013 during its annual Growth & Profitability Summit on Monday.
October 21 -
Accounting Today began its annual three-day Growth & Profitability Summit in Orlando, Fla., on Sunday with a pair of insightful keynote speeches by Krista McMasters, CEO of McMasters Consulting and former CEO of top-ranked CPA firm Clifton Gunderson, and Jay Nisberg, president of the consulting firm Jay Nisberg & Associates, with both speakers highlighting the changing dynamics of managing an accounting firm and CPA practice.
October 21 -
People by nature are curious, emotional and often gullible. That mix can be toxic when trying to keep a tight rein on information security. IT risk and security expert David Barton explains the steps you can take at your firm to help your people stay more secure.
October 20 -
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The International Federation of Accountants has issued a policy paper that stresses the importance of reporting on broad-based information beyond what is traditionally included in financial reporting.
October 18 -
There was lots of vendor and consultant news over the past week, but overall we want to know whats up with all the funding going into cloud accounting software, and where exactly does Intuit factor in?
October 18 -
The Canadian Securities Administrators, an umbrella organization of Canadas provincial and territorial securities regulators, has proposed changes to its auditor oversight rules with the goal of giving securities regulators more insight into situations where Canadas audit firm regulator has imposed sanctions on an audit firm.
October 18 -
The career outlook for women in finance and accounting has improved in the last 10 years, according to a new survey of CFOs by the staffing company Robert Half.
October 17 -
The American Institute of CPAs Financial Reporting Executive Committee has submitted a comment letter to the Financial Accounting Standards Board and the International Accounting Standards Board suggesting changes in the latest proposals for lease accounting standards.
October 17 -
Deloitte has launched US GAAP Plus, a new Web site that provides news, publications and project updates about U.S. and international accounting standard setting.
October 17 -
The Institute of Management Accountants has opened a new Competency Crisis microsite and community designed to give a variety of accounting and finance stakeholders, including professionals, students, employers and academics, a forum to discuss the issue of the talent gap in the accounting profession and come up with potential solutions.
October 16 -
Congress should consolidate and simplify the types of tax-favored retirement plans now available to small business owners to minimize the cost and administrative burden imposed by the plans, the American Institute of CPAs told Congress.
October 16