Financial reporting

Voller, Lee, Suess & Associates has agreed to join Eide Bailly LLP. The deal is set to close by December 1, 2012.

The Securities and Exchange Commission and the Department of Justice have released A Resource Guide to the U.S. Foreign Corrupt Practices Act, a 120-page guide providing a detailed analysis of the U.S. Foreign Corrupt Practices Act, including the accounting provisions, and closely examining the SEC and DOJ approach to FCPA enforcement.

The role of the CFO will evolve in the future to encompass new challenges such as global economic uncertainty and volatility, fluctuating energy prices, and turbulent currency markets, along with a shift in economic power, according to a new report.

A female presence on a company board reduces the chance of financial restatements by close to 40 percent, according to a new study.

The American Institute of CPAs’ Accounting and Review Services Committee has issued exposure drafts of its proposed Statements on Standards for Accounting and Review Services as part of its Clarity Project and is asking for public comment on them.

Blain Heckaman is the new managing principal at Kaufman, Rossin & Co.

Officials with the Securities and Exchange Commission are taking a wait-and-see attitude toward incorporating International Financial Reporting Standards into the U.S. financial system, even as an increasing number of foreign companies file their financial reports with the SEC using IFRS.

Jennifer Jarvis Hamberger has joined Freed Maxick CPAs as chief marketing officer.

The U.S. Financial Accounting Standards Board is expected to be one of the standard-setters participating in a multilateral group that will be advising the International Accounting Standards Board, but it will be among at least a dozen standard-setters from around the world participating in the group.

PwC US has acquired the IT and program management consulting firm, Ray Group International LLC, for an undisclosed sum. The deal closed on Nov. 6, 2012.

Check out the digital edition of the November 2012 issue of Accounting Today.

Only 22 percent of corporate finance and accounting executives are satisfied with the training options available to their employees, according to a new survey by KPMG.

Recent network memberships, awards, new Web sites and more

Check out all of our post-election coverage and find out what the results mean for accounting and tax professionals:

While the accounting profession's biggest political action committees lost their main bet on Election Day, they can hope to recoup some of their losses from their side bets in the Senate.

The International Federation of Accountants has released for comment a proposed strategy for projects it plans over the next four years to address the needs of accountants who work within companies or as advisors to businesses.

Judith Frederiksen has been hired to serve as vice president and controller at CAMICO.

The IRS is now sending letters to preparers who are suspected of filing inaccurate EITC claims.

On the first morning of its annual User Conference, being held now in San Diego, tax and accounting solution and research provider CCH, a Wolters Kluwer business, emphasized the importance of mobility to modern accountants.

Cloud and mobile top the list of emerging technologies transforming the tax and accounting profession, according to the 2012 CCH Technology Survey, an independent nationwide survey of more than 400 accounting professionals.