Regulation and compliance
Regulation
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A recent report from the federal accounting industry watchdog agency, the Public Company Accounting Oversight Board, found that the incidence of deficient audits performed by the Big Four accounting firms doubled in 2010, reaching a horrifying 33 percent.
November 30 -
Public Company Accounting Oversight Board chairman James Doty told an audience of auditors that the public is expecting more from the audit profession and warned firms against skimping on audit quality.
November 30 -
Recent network memberships, awards, new Web sites and more
November 29 -
Brad Benton has been chosen to lead the health care practice of Dixon Hughes Goodman LLP.
November 28 -
GMI Ratings has compiled a second Black Swan Risk List identifying 40 North American companies with the highest risk of major drops in share prices within the next six months.
November 27 -
Online accounting community iShade said Tuesday it is adding two new directors as it prepares for the New Year.
November 27 -
President Obama has named SEC commissioner Elisse B. Walter as the new chair of the Securities and Exchange Commission, succeeding Mary Schapiro.
November 26 -
The Financial Accounting Standards Board has issued a proposed Accounting Standards Update aimed at clarifying the scope of transactions that would be subject to disclosures about offsetting of assets and liabilities on the balance sheet.
November 26 -
Mary L. Schapiro, who has led the Securities and Exchange Commission for four years, said Monday that she plans to step down from her post on Dec. 14, 2012.
November 26 -
Lattimore Black Morgan & Cain PC gave five staff members the role of partner.
November 26 -
Mike Lynch, who founded the British software company accused by Hewlett-Packard Co. of falsifying finances, said that while he may have used some of the contested accounting and sales methods, they were all legal.
November 26 -
Recent network memberships, awards, new Web sites and more
November 21 -
Financial Accounting Standards Board chair Leslie Seidman talks with Accounting Today editor-in-chief Daniel Hood about how FASB's relationship with the International Accounting Standards Board is changing.
November 20 -
The BDO network of accounting firms said Tuesday that annual revenue grew 6.11 percent worldwide for its member firms compared to last year.
November 20 -
Hewlett-Packard Co. took an $8.8 billion charge citing a willful effort to mislead investors and potential buyers at Autonomy Corp., the software company it agreed to purchase last year for $10.3 billion.
November 20 -
Darin James is the newest partner in RubinBrown LLP's tax consulting group.
November 19 -
The Canadian member firm of KPMG has acquired the Abbotsford, British Columbia-based firm, Cochrane & Associates Chartered Accountants. The deal closed on November 1, 2012.
November 19 -
Financial Accounting Standards Board chair Leslie Seidman discusses the status of the revenue recognition, leasing, financial instruments and insurance standards that FASB is converging with the International Accounting Standards Board.
November 19 -
The International Federation of Accountants has elected Warren Allen of New Zealand as president for a two-year term and former American Institute of CPAs chair Olivia Kirtley as deputy president, succeeding Allen.
November 16 -
Despite negative market sentiment due to concerns over the looming "fiscal cliff," many investors are unprepared for it, according to a recent survey by Nationwide Financial.
November 16

