The International Accounting Standards Board said Thursday that its staff will develop guidance to help “micro-sized entities” apply International Financial Reporting Standards for Small and Medium-sized Entities.

Elizabeth Hugh selected as the firm’s first chief operating officer

The Governmental Accounting Standards Board has issued an updated guide to help people better understand the financial statements of state and local governments.

Staffing service Office Team identified five types of workplace "competitors" that take it too far and offered tips for working with them effectively.

XBRL US launched on Wednesday its second annual XBRL Challenge, a contest to discover the top open source analytical tools that can mine XBRL-formatted corporate financial data from the SEC’s EDGAR database.

The International Accounting Standards Board is headed toward a more multilateral approach in the formation of International Financial Reporting Standards, as the U.S. appears increasingly unlikely to throw its support behind IFRS this year.

Top 100 Firm Moss Adams, LLP agreed to merge with Rabanal & Smith, LLP for an undisclosed amount. The transaction is expected to close on Aug. 1.

Effective internal controls reasonably prevent material misstatements in financial reporting and fraud, but poor internal controls have hurt businesses, investors and the public accounting profession.

Less than half of senior insurance executives from companies around the world believe the U.S. should abandon U.S. GAAP standards in favor of International Financial Reporting Standards, according to a new survey.

Recent network memberships, awards, new Web sites and more

The Securities and Exchange Commission charged Chicago-based Huron Consulting and two of its former executives Thursday with accounting violations, and the firm agreed to settle the charges by paying a $1 million penalty.

Himanshu Palsule will lead Sage North America's product and strategy division.

The Public Company Accounting Oversight Board has entered into a cooperative agreement with the Spanish auditing firm regulator to allow joint inspections to begin this year for firms in Spain and the U.S.

The Financial Accounting Standards Board said it is taking a different approach than the International Accounting Standards Board in the impairment of financial instruments after a joint meeting Wednesday.

Eugene Ma and Kevin Starkey accepted into partnership at California firm

The assurance, tax, and consulting firm intends to fill 300 to 500 positions to its new corporate headquarters

The Securities and Exchange Commission’s final staff report on International Financial Reporting Standards seemed to bend over backwards to avoid making a recommendation to the SEC commissioners on how they should vote, but with all the many drawbacks listed in the report, it’s questionable how the SEC could ever vote at this point to support IFRS.

The revolving door between the Securities and Exchange Commission and the financial industry is not as big a problem as it is seems to outside observers, according to a new study.

An IRS project to assess the services of tax return preparers by visiting them around the country has been correctly implemented, but its effectiveness remains to be determined, according to a new report.

Unraveling the SEC's intentions -- and even it's timeline -- on IFRS requires special expertise ...