The accounting profession is objecting to proposed changes to employee benefit plan reporting, especially requiring the name of the engagement partner on plan audits. More from Tammy Whitehouse.
Tammy Whitehouse
SEC approves support fee increase to fund PCAOB budget
The accounting support fee that public companies and broker-dealers pay to support audit regulation will rise in 2017 by about 6 percent, based on the PCAOB’s budget. Tammy Whitehouse has more.
PCAOB hits Deloitte again, this time at Netherlands affiliate
Deloitte has taken another enforcement hit from the PCAOB, this time for independence violations at an affiliate in the Netherlands. More from Tammy Whitehouse.
CAQ nudges audit committees on revenue recognition oversight
Citing an “urgent” need for audit committees to get up to speed on implementation of the new revenue recognition standard, the Center for Audit Quality offers some pointers. Tammy Whitehouse has more.
Companies fixed prominence most in non-GAAP sweep
To respond to pushback on non-GAAP accounting, most companies made changes to how prominently they displayed such figures, according to a recent analysis. Tammy Whitehouse reports.
Still battling over internal control? Focus on risk assessments, communication
In the continually evolving battle over internal control reporting and auditing, the strategy for the next front should include better risk assessments and timely communication with auditors. Tammy Whitehouse has more.
2016 PCAOB inspection results will deliver mixed results
When 2016 inspection results are published on the major audit firms next year, they will show an overall reduction in adverse findings, but also a spike in findings for at least one Big 4 firm. Tammy Whitehouse has more.
SEC shifts non-GAAP focus to most serious violations
Tension continues over proper use, especially prominence, of non-GAAP accounting measures, but the focus seems to be shifting to the most egregious violations.
FASB plans pause before digging into big new rules
After issuing some huge changes to accounting standards, FASB will keep the current work load or corporate accounting offices in mind before taking on big new projects.
SEC passes on relief for adopting revenue, then accessing capital
Companies adopting the new revenue recognition standard and accessing capital markets soon afterward are getting no clear pass on the extra reporting requirements.


