The Governmental Accounting Standards Board has extended the deadline until October 14 for constituents to comment on its recent proposals for improving the disclosures for pension accounting and financial reporting.

Deloitte Touche Tohmatsu global CEO Barry Salzberg led his firm to record revenues of $28.8 billion this past year.

The American Institute of CPAs has stepped up its campaign to dislodge control of private accounting standard-setting from the Financial Accounting Standards Board.

The federal government has secured commitments from 13 banks to increase their lending to small businesses by $20 billion over the next three years.

The Financial Accounting Standards Board has released a new Accounting Standards Update aimed at improving employer disclosures for multiple-employer pension plans.

The International Federation of Accountants has begun an executive search for a CEO to succeed incumbent Ian Ball, whose contract expires in February 2013 and who is not seeking another term.

Financial Accounting Standards Board chair Leslie Seidman said that many of the priority projects slated for convergence with the International Accounting Standards Board probably will not be settled until next year at the earliest.

Financial Accounting Standards Board chair Leslie Seidman argued Tuesday that the board has been increasing its outreach to private company accountants as FASB awaits a report from the trustees of its parent organization on whether oversight of private company accounting standards should be handed to a separate board.

The Financial Accounting Standards Board has finalized a new standard aimed at simplifying how organizations test goodwill for impairment.

IMGCAP(1)]This year the SSAE 16 assessment standard will replace the SAS 70 audit standard.

A trustee working group at the Financial Accounting Foundation plans to release its proposals in the next few weeks for changing the structure and process of the Financial Accounting Standards Board’s oversight of standards for private companies and nonprofits.

More than three-quarters of corporate board members in a new survey said their main concern with the SEC’s new whistleblower rewards is the negative impact of an increase in false allegations.

The Public Company Accounting Oversight Board has reached an agreement with Norway’s Financial Services Authority that will allow the regulators to conduct joint inspections of PCAOB-registered audit firms in Norway.

As part of our Top 100 Most Influential People in Accounting report, we asked the candidates how likely they thought it would be that we will see separate accounting standards for private and public companies in the U.S. in the near future, and if they thought it likely, what form they thought it would take.

As part of our Top 100 Most Influential People in Accounting report, we asked the candidates: "What is the most important issue currently facing the accounting profession?"

IMGCAP(1)]Our annual list of the thought leaders and change-makers who are shaping the future of the profession.

IMGCAP(1)]Check out the digital edition of the September 2011 issue of Accounting Today.

Accounting Today released its inaugural Accountants Confidence Index today, revealing that the accounting profession has serious concerns about the state of the economy.

An international committee has unveiled a draft framework for combining financial reporting with other aspects of an organization’s performance, including the environmental and social context.