All Accounting & Auditing articles – Page 61
-
Blog
SEC approves updated and new taxonomies for XBRL filings
The SEC has approved both the 2018 GAAP Financial Reporting Taxonomy and a new SEC Reporting Taxonomy that companies need to use to complete XBRL filings.
-
Article
Weary from accounting change, companies gear up for leases
With year-end reporting and revenue recognition implementation nearly complete, firms are preparing for their next accounting freak out—this time over leases.
-
Blog
Study establishes link between fee pressure and audit quality
New academic research suggests there is indeed a correlation between pressure on audit fees and audit quality — and it’s not pretty.
-
Blog
Office Depot appoints chief accounting officer
Office Depot has appointed Scott Kriss as senior vice president and chief accounting officer, effective April 3, 2018.
-
Blog
IRS winds down voluntary disclosure, ramps up investigations
Just as the IRS bolsters its international enforcement capabilities and activities, it is also phasing out its voluntary disclosure program.
-
Blog
Dyadic International names chief accounting officer
Dyadic International, a global biotechnology company, has promoted Ping Rawson to the role of chief accounting officer on March 14.
-
Blog
SEC settles with audit firms over unregistered work
The SEC has settled charges with foreign affiliates of KPMG, Deloitte, and BDO for overseas audit work that was not properly registered with the PCAOB.
-
Article
SOX: An uneven legacy
Sarbanes-Oxley has accomplished many things … which includes helping to stunt the formation of new public companies.
-
Article
SOX: A watershed law that works
Sarbanes-Oxley has withstood the test of time to prove its success as a means of investor protection and boosting audit quality.
-
Blog
Reporting improves with KAM disclosures, study says
After a year of reporting “key audit matters” in audit reports abroad, financial reporting has improved, says a study by a global accounting group.
-
Article
Companies scramble to wrap up new revenue recognition
In the transition to new accounting rules on revenue recognition, it appears many companies are still trying to wrap up their implementation work.
-
Blog
PwC internal audit study centers on need for innovation
Technology and innovation should be a priority for internal auditors, in terms of both the risks it produces and how auditors use it to address risks.
-
Blog
Tesla cryptically announces chief accounting officer departure
In a strangely cryptic message, Tesla disclosed in a regulatory filing last week the departure of Eric Branderiz. What Tesla did not disclose is that Branderiz was the company's chief accounting officer.
-
Blog
DXP Enterprises chief accounting officer to retire
DXP Enterprises announced in a securities filing that Senior Vice President and Chief Accounting Officer Mac McConnell has notified the company of his intention to retire, effective March 31.
-
Blog
IFIAR reports some audit improvement; calls for more
Audit regulators globally say they’re seeing some incremental improvement in audit inspection results, but not yet enough.
-
Blog
PCAOB censures former engagement partner over Koss audits
The PCAOB has censured the partner who oversaw audits at Koss, where a top finance executive went prison on charges of embezzling more than $30 million.
-
Blog
Financial Conduct Authority bans former Deutsche Bank trader
The U.K. Financial Conduct Authority has fined Guillaume Adolph, a former short-term interest rate derivatives trader at Deutsche Bank, £180,000 and banned him from performing any function in relation to any regulated financial activity.
-
Blog
Former Co-operative Bank chair banned from the financial services industry
The Financial Conduct Authority has banned former Co-operative Bank Chair Paul Flowers from the financial services industry after he was caught using his work phone and e-mail to conduct inappropriate phone calls and send sexually explicit messages.
-
Blog
New study says long audit tenure slows corrections
Recently published academic research suggests there is indeed a detriment to audit quality when audit firms hold long tenures on audit engagements.
-
Article
Early adopters of simpler hedge rules pause in uncertainty
Simpler hedge accounting regulations have accountants and FASB alike wondering if they need even further clarification.