Financial and Accounting News

• July 11, 2011 ASB Seeking Feedback on U.S. Auditor Reporting The AICPA Auditing Standards Board (ASB) is requesting input from members and other stakeholders to help form its comments on the consultation paper, Enhancing the Value of Auditor Reporting: Exploring Options for Change ...
• July 11, 2011 PCAOB, SEC to Meet With Chinese Officials on Auditing Oversight The PCAOB said Wednesday that a joint PCAOB-SEC delegation will meet next week in Beijing with representatives of China’s Ministry of Finance and the China Securities Regulatory Commission (CSRC) to discuss issues ...
• July 11, 2011 Financial Accounting Standards Board Launches Website Portal for Nonpublic Entities The Financial Accounting Standards Board (FASB) today announced the launch of its new web portal for nonpublic entities. The portal is designed to make the latest information about FASB activities focused on private ...
• July 10, 2011 IFAC Releases Revised Guide to Support Global Accountancy Organizations The International Federation of Accountants (IFAC), a global organization dedicated to improving the accounting profession worldwide, has released a revised edition of its "Good Practice Guide," which was last ...
• July 8, 2011 ACCA Blasts Public Audit Plans ACCA HAS SPOKEN out against the Department of Communities and Local Government's plan for the future of public audit, saying accountability and the public purse could be at risk. It backed criticism offered by the ...
• July 8, 2011 Government Switch to IFRS 'Successfully Completed 'FOR IMMEDIATE RELEASE CENTRAL AND DEVOLVED government, as well as the NHS, has successfully switched their accounts to international financial reporting standards. The Financial Reporting Advisory Board's recent annual report showed the ...
• July 8, 2011 SEC Announces Agenda and Panelists for Roundtable on International Financial Reporting Standards FOR IMMEDIATE RELEASE 2011-139 Washington, D.C., June 30, 2011 — The staff of the Securities and Exchange Commission today announced the panelists and final agenda for the International Financial ...
• July 8, 2011 New IASB Chairman Expects FASB to Adopt IFRS Hans Hoogervorst, who took over as chairman of the International Accounting Standards Board this month, said he anticipates the U.S. will ultimately adopt International Financial Reporting Standards. During his first ...
• July 7, 2011 The Launch of a Unique Free Financial Analysis Service In July 2011 the company Audit IT, which specializes in financial auditing and the development of software for accounting and analysis, launched the unique ReadyRatios web service. The service automatically analyzes a ...
• July 7, 2011 ESMA Chairman Speaks at IFRSF Conference Steven Maijoor, chairman of the European Securities and Markets Authority (ESMA), was a keynote speaker at the IFRS Foundation conference currently being held in Zurich. He spoke about financial stability, investor ...