Regulation and compliance
Regulation
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Bookkeeping Express, a franchisor focused on providing outsourced bookkeeping services to small businesses, plans to expand nationally with 400 new territories.
August 27 -
The American Institute of CPAs and other organizatons expressed their support for the Securities and Exchange Commission's proposed roadmap for moving to international accounting standards.
August 27 -
The Securities and Exchange Commission has approved a new rule and amendment to an existing rule from the Public Company Accounting Oversight Board related to ethics, independence and the provision of tax services.
August 27 -
Intuit has added mobile access to its QuickBooks Online service via the Apple iPhone and RIM BlackBerry.
August 26 -
Members of the Public Company Accounting Oversight Board may be breathing a sigh of relief that their organization has been ruled constitutional, but their opponents could decide to take their case to the Supreme Court.
August 26 -
The Securities and Exchange Commission proposed setting a roadmap for transitioning to International Financial Reporting Standards by 2014.
August 26 -
The Securities and Exchange Commission has scheduled a meeting for this Wednesday to discuss setting a roadmap for the transition to International Financial Reporting Standards.
August 25 -
Chinese accounting standards are converging with International Financial Reporting Standards, but there are still differences in practice, according to a new study by the Institute of Management Accountants.
August 25 -
The Public Company Accountability Oversight Board hailed a decision by an appeals court that upheld its constitutionality.
August 24 -
AccuFund has enhanced its AccuFund Accounting Suite with point-of-sale and electronic funds transfer features.
August 21 -
According to recent surveys, Americans are lacking in preparation for retirement. In fact, many have little or absolutely no idea of how to achieve certain goals. To the rescue comes WealthRidge which is offering a free retirement planning White Paper to help people get on track to financial well-being in retirement. "Facts You Need To Know About Retirement Planning" can be obtained via www.wealthridge.com. Wealthridge points out that more than 65 percent of all retirees have saved less than $100,000, and they find that is nowhere near enough money for retirement. Michael Snowdon, CFP®, financial planning partner in WealthRidge says, "It's not uncommon to live in retirement for 20 or 30 years. Finding the funding to support those years has become, for many, an exercise in futility." Why? Here's an example he cites. An individual who wants to have an income of $75,000 per year in retirement, plans to retire in 15 years, and to live for 30 more years, may need as much as $2 million to fund the desired retirement income. How so? Because health care expenses represent a significant factor. A recent study suggests that a couple who reaches age 65 will need more than $200,000 to pay for their retirement health care expenses. With fewer company pensions, and living expenses at all-time highs, saving enough money for retirement can seem to be an almost impossible task. There are solutions, notes Wealthridge, and people can achieve their goals. They say that the retirement planning White Paper provides answers to how much money will be needed for retirement, how much healthcare will cost, and how much retirees can safely withdraw from their retirement portfolio to make sure it lasts as long as they do. The White Paper also identifies the tools that are available to save for retirement, along with some cautions about what not to do. For additional information, feel free to contact Michael Snowdon at (888) 326-5557. WealthRidge is an independent fee-based financial planning firm in the Denver metro area.
August 21 -
The New York State Society of CPAs plans to welcome a series of speakers from the Public Company Accounting Oversight Board to its September 10 conference on current developments under Sarbanes-Oxley.
August 21 -
The Financial Accounting Standards Board has added the topic of business combinations to its accounting standards codification, which aims to organize the thousands of U.S. accounting pronouncements issued by multiple standard-setters into a single authoritative source.
August 21 -
The Securities and Exchange Commission is soliciting comments on a new auditing standard for evaluating the consistency of financial statements.
August 21 -
SEC Chairman Christopher Cox hailed an appeals court decision that said the Public Company Accounting Oversight Board is constitutional.
August 21 -
The Internal Revenue Service has released its revised instructions for the redesigned Form 990 that tax-exempt organizations must submit.
August 20 -
Deloitte & Touche has signed a memorandum of understanding with Canadian accounting firm Scott Rankin & Gardner for a potential merger.
August 20 -
The American Institute of CPAs is helping to promote a movie on the financial challenges facing the U.S. today.
August 19 -
The Securities and Exchange Commission unveiled its next-generation system for online financial filings, IDEA, the successor to its EDGAR database.
August 19 -
A group representing financial executives has written to the Financial Accounting Standards Board asking to exempt private companies from the requirements of FASB Interpretation No. 48, "Accounting for Uncertainty in Income Taxes."
August 19