The Public Company Accounting Oversight Board unveiled far-reaching proposals this week for enhancing the auditor’s reporting model in what could be the biggest transformation of the audit report in over 70 years.

Alfred P. Sloan Award recipients, best places to work, strategic partnerships and more...

Ernst & Young has donated its historical archives dating back to the early 1900s to Case Western Reserve University.

Accounting firm association PrimeGlobal announced Wednesday that Arthur Place, the managing partner of one of the firms in its association, died on Sunday.

The Financial Accounting Foundation said Wednesday that it plans to start streaming audio from the public sessions of future meetings of its Board of Trustees.

The Public Company Accounting Oversight Board proposed for public comment a new auditing standard and related amendments to enhance the auditor's reporting model on Tuesday.

The Institute of Management Accountants has launched a new initiative to endorse undergraduate accounting programs that provide the skills needed for corporate accountants.

Investors are more concerned about improving the quality of financial disclosures rather than simply reducing the quantity of them, according to a new report from the CFA Institute, which takes aim at some recently proposed disclosure reforms that seek to cut down disclosure overload.

The trade association representing credit unions believes that the Financial Accounting Standards Board’s recent proposal to redefine the meaning of a public business entity could open the door to more appropriate accounting standards for credit unions.

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Check out the digital edition of the August 2013 issue of Accounting Today.

The Public Company Accounting Oversight Board has scheduled a meeting for next Tuesday to consider proposing for public comment a new auditing standard and related amendments to enhance the auditor’s reporting model.

The Securities and Exchange Commission said Thursday that it has filed an application in a New York federal court for enforcement against a CPA who violated an earlier SEC suspension order.

The Financial Reporting Council, the United Kingdom’s standard-setter for accounting, auditing and actuarial work, announced two separate investigations this week into Grant Thornton U.K.’s work with two audit clients, beverage maker Nichols plc., and mortgage lender the Manchester Building Society.

The Financial Accounting Standards Board issued for public comment Wednesday a proposal that would define a public business entity.

Nonprofit accounting software maker Blackbaud has released Blackbaud MobilePay, a mobile credit card processing application that is integrated with the company’s payment processing services.

The Public Company Accounting Oversight Board has released its latest inspection report on Ernst & Young after the New York-based firm failed to address certain quality control issues to the satisfaction of the PCAOB.

Governmental Accounting Standards Board chairman David Vaudt and Financial Accounting Standards Board chairman Russell Golden discuss how they are working together on initiatives such as leasing and pension standards, communicating about accounting standards in a more understandable way, and reaching out to key stakeholders for input, in a joint interview with Accounting Today editor-in-chief Daniel Hood.

Public Company Accounting Oversight Board member Jeanette Franzel told a group of accounting educators that lack of professional skepticism is one of the main reasons for the prevalence of audit weaknesses found in the PCAOB’s inspections of the work of auditing firms.

Governmental Accounting Standards Board chairman David Vaudt talks about his plans as GASB's new leader and the board's agenda for pension standards, post-employment benefits in the retiree health care area, and the need to provide useful information for elected officials and government policymakers, in an interview with Accounting Today editor-in-chief Daniel Hood.