Auditing

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  • Subprime Suspects

    Just about everyone, it seems, is being held to blame for the financial meltdown. But what role auditors played, if any, is far from clear. December 1, 2008

  • SEC Chief Accountant Plans His Exit

    The battle against backdating, a shrinking FASB, and a rush toward global standards framed Conrad Hewitt's two-and-a-half years at the commission. November 25, 2008

  • PCAOB to Seek 9-percent "Raise"

    The auditors' watchdog will ask the SEC to approve a budget of $157.6 million in 2009. November 25, 2008

  • Expect More Securitization Disclosure Soon

    By year's end, FASB standards will require companies and banks to reveal a lot more than ever before about their off-balance-sheet transactions. November 24, 2008

  • Has the Crisis Ended the Fair-Value War?

    Because of the current fragility of investor confidence, regulators should hold steady on current mark-to-market standards, many feel. November 21, 2008

  • Accounting for Concern

    Can auditors be sure a firm will survive the next 12 months? November 21, 2008

  • IFRS Requires a Soft Touch

    If American companies plan on moving to IFRS, their financial statement preparers will require less technical training and more instruction on "soft skills." November 17, 2008

  • Tom Davis Inks Deal with Deloitte

    Retiring Virginia Republican Congressman inks deal to join the consulting giant. November 17, 2008

  • Wrinkles in the IFRS Roadmap

    The SEC wants some of the largest U.S. companies to adopt international rules early, but limitations and uncertainty in its plan could diminish those hopes. November 17, 2008

  • SEC: Early IFRS Adoption Will Cost Firms $32M

    The regulator releases its roadmap for transitioning U.S. companies to international accounting rules, and estimates the costs. November 17, 2008

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