November 19, 2014
CPAs and Auditors Alerted to New SEC Rules on Financial Statements and A&A Engagements
The alert outlines rules applicable to financial statement audit and attestation engagements undertaken for non-issuers.
October 20, 2014
James Brown, CPA, Honored for Long Service to Accounting Profession
Indiana Certified Public Accountant (CPA) James L. Brown has been named the winner of this year's Sustained Contribution Award by the American Institute of CPAs (AICPA). The award recognizes members who have contributed measurably to the AICPA ...
June 30, 2014
New Report Looks at Changing Broker-Dealer Audit Landscape
Thomson Reuters has released a special report, Cause and Effect of the Changing Broker-Dealer Audit Landscape, which provides an overview of the PCAOB's new standards affecting broker-dealer audits.
April 23, 2014
New XBRL GAAP Pension Analysis Tool Finds Errors in SEC Filings
XBRL US has announced the publication of its new online US GAAP Pension Analyzer. The tool is available for free to public company reporting managers that runs a set of rules against the pension disclosure within an XBRL-formatted financial statement. XBRL US is the nonprofit consortium for XBRL reporting in the US.
April 16, 2014
FASB Offers New Guidance for Reporting on Discontinued Operations
The Financial Accounting Standards Board (FASB) has issued new guidance that improves U.S. Generally Accepted Accounting Principles (GAAP) by more faithfully representing when a company or other organization discontinues its operations.
March 12, 2014
Study Says Many CEOs are Too Friendly with Audit Committees, Urges SEC Action
A decade after scandals at Enron, Worldcom, and other companies dramatized the need for improved corporate financial monitoring, this critical regulatory challenge remains in essential ways unmet, new research suggests.
November 20, 2013
KPMG Works With NYSE to Produce New IPO Guide
Offers C-Level Executives Considering an IPO Insight on Compliance and Regulatory Requirements
July 21, 2013
SEC charges city of Miami with civil securities fraud
The U.S. Securities and Exchange Commission on Friday accused the city of Miami and its former budget director of playing financial "shell games" with city bank accounts, charging them with civil securities fraud for allegedly misrepresenting city finances to bond investors.
June 26, 2013
Algae bio-fuel firm engages Silberstein, Ungar, PLLC as external auditor
Sloud, Inc. has announced it has retained Silberstein, Ungar PLLC as the company's external auditor.
May 9, 2013
SEC charges Pennsylvania city with securities fraud
Federal regulators have accused fiscally beleaguered Harrisburg, Pa., of issuing misleading financial statements in what marks the second time just this year that a municipality or state has been charged with securities fraud.
April 4, 2013
SEC continues probe of suspicious trading of H.J. Heinz stock, Swiss account
SEC has a lot to sort out in the H.J. Heinz Co. investigation
March 4, 2013
Consumer groups and state, federal regulators worry about equity crowdfunding small businesses
Soon, a new dimension to online fundraising, known as equity crowdfunding, will be available to investors, and that has regulators and consumer advocates on edge.