Financial reporting

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.

This morning, the AICPA released the results of their PFSi (Personal Financial Satisfaction Index)—a new gauge that weighs a variety of economic factors to calculate the financial standing of typical Americans. The findings saw an overall financial satisfaction into positive territory for the first time since the financial crisis.

Four of the International Federation of Accountants’ standard-setting boards are looking for new members with the right stuff.

A group calling itself the National Academy of Public Accounting Professionals is now accepting nominations for the 2015 "Top 10 Public Accounting Professionals" awards in each state.

The AICPA is set to release the results of the AICPA PFSi (Personal Financial Satisfaction Index), a new economic gauge that measures the personal financial standing of typical Americans, at 7:00 a.m. EST, Thursday, January 15.

David J. Moynihan, a past president of the New York State Society of CPAs and audit partner at the Bonadio Group’s Syracuse office, died early Friday morning after a nearly year-long battle with cancer.

Office moves, name changes and more…

Political uncertainty, the effects of the Affordable Care Act, and retirement costs are just some of the challenges Americans face in today's ever-changing financial landscape. To mitigate these challenges, this year's AICPA Advanced Personal Financial Planning Conference, held at the Bellagio Hotel in Las Vegas from January 19-21, will look to give planners the necessary skills tools and skills to navigate today's field of financial planning.

Check out the digital edition of the January 2015 issue of Accounting Today.

Accounting and professional services marketing pioneer Bruce W. Marcus died in early December at the age of 89.

James Schnurr, the recently appointed chief accountant at the Securities and Exchange Commission, had an intriguing suggestion recently: why not allow U.S. companies to use International Financial Reporting Standards on a voluntary basis as a supplement to their U.S. GAAP financial statements?