Financial reporting

A roundup of news from around the profession from the previous month

EisnerAmper offers webinars with CPE credits, BDO’s private equity study, and more…

Earlier this month, the Illinois CPA Society hosted this year's Mary T. Washington Wylie (MTWW) Internship Preparation Program, providing 25 minority college students with access to training and resources essential in the transition from student to professional.

The small business mentoring organization SCORE has compiled some new statistics demonstrating how much time and money small businesses spend each year on accounting, taxes and payroll administration.

KPMG announced today the members of an advisory council, comprised of proven leaders across business, sports, and the media, who will help guide the seminal KPMG Women’s Leadership Summit. The summit, hosted on-site during the KPMG Women’s PGA Championship this upcoming June, will serve to bring many of today’s most accomplished women together to inspire the next generation of women leaders.

The Financial Accounting Foundation has released its annually updated print edition of the Financial Accounting Standards Board’s FASB Accounting Standards Codification, providing the authoritative source of U.S. GAAP for public and private companies and not-for-profit organizations.

Two thirds of accountants say that strategic planning and financial analysis are challenging for their business clients -- and many are turning to the cloud to help.

More than 200 CPAs from across the Peach State are meeting state lawmakers on Thursday for the 2015 CPA Day at the Gold Dome, Georgia’s state capitol building in Atlanta.

NABA receives $100,000 to promote Tax-Aide program.

The American Institute of CPAs has released guidance to help CPAs deal with accounting issues related to two separate issues: going concern, and not-for-profit entities with for-profit subsidiaries.

Major M&A put two large firms in the lead for new SEC clients.

Baker Tilly International brings in new member, new accounting firm in South Carolina, and more…

Key challenges facing small- and medium-sized practices in the accounting industry worldwide have been identified as attracting new clients and complying with regulations and standards, according to a new survey by the International Federation of Accountants.

The Financial Accounting Standards Board is still in the process of deciding whether the revenue recognition standard that it converged last year with the International Accounting Standards Board should be delayed to allow more companies to adjust to it before the new rules take effect in 2017. But that doesn’t mean companies should wait in case there’s a postponement.

Edwin J. Kliegman, a co-founder of Top 20 Firm Marcum, a founding father of the National Conference of CPA Practitioners, and a passionate champion of small CPA practices, has died.

According to new statistics gathered by the New York State Education Department, the number of New Yorkers obtaining a Certified Public Accounting license from the state remained constant, albeit lower, in 2014.

The clawbacks on executive compensation mandated by the Dodd-Frank Act may discourage one type of accounting manipulation only to encourage another, according to a new study.

Berkowits Pollack Brant celebrates an anniversary, Marcum’s Annual MicroCap Conference details are out and more…

John Veihmeyer, the global chairman of KPMG and chairman and CEO of KPMG in the U.S., has joined the board of trustees of the Financial Accounting Foundation, the parent organization of the Financial Accounting Standards Board and the Governmental Accounting Standards Board.

The AICPA and American Accounting Association (AAA), the founding co-sponsors of the Pathways Commission on Accounting Higher Education, announced major developments in the implementation of the Commission’s recommendations on Thursday.