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Accountants Now Taking the Shift to IFRS More Seriously
More than half of CPAs are preparing for the U.S. move from GAAP to international rules. December 4, 2008
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