Financial reporting

Boy, did President Obama create a furor in a Roanoke, Va., speech in July, where he said, "If you have a business, you didn't build that. Somebody else made that happen."

Denver-based Top 100 firm Hein & Associates didn't want to be anyone's secret -- even a good one, as managing partner Brian Mandell-Rice had become accustomed to hearing from clients.

A roundup of news from the previous month

Most people think of accounting as a solitary profession, but those in practice know just how off-center this perception really is.

Highlights of the previous month in audit and attest

As we acknowledge the 10th anniversary of the Sarbanes-Oxley Act, we are once again in a period of re-examination of the role, relevance and reliability of financial audits in protecting investors and the public interest. This seems to be, in part, a reaction to the financial crisis of the past few years.

Joe Adams, the head of Top 5 firm McGladrey, on the major challenges facing accounting firms, and how his firm is dealing with them.

Recent hires, promotions and more from accounting firms across the country

Recent news from accounting firms across the country

The Financial Accounting Standards Board has made available its proposed 2013 U.S. GAAP Financial Reporting Taxonomy in XBRL format for public review and comment.

The firm of the future needs to be ready to adapt to constant change, according to Teresa Mackintosh, executive vice president and general manager of tax at CCH, in her keynote, “The Future-Ready Firm,” at the Midwest Accounting & Finance Showcase.

In her keynote at this year’s Midwest Accounting & Finance Showcase, Illinois CPA Society president and CEO Elaine Weiss highlighted several of the most important issues facing the profession.

Finding the best managing partners starts with asking what the best MP should be

Daniel Rezin will join the fee-only wealth management firm’s executive management team

Recent promotions, new hires and more

Recent network memberships, awards, new Web sites and more

John Reynolds has been promoted to principal in the firm’s Wilkes-Barre office.

The Securities and Exchange Commission adopted rules Wednesday mandated by the Dodd-Frank Wall Street Reform and Consumer Protection Act requiring companies engaged in extracting oil, natural gas or minerals to disclose any payments they make to the U.S. government or foreign governments.

An ethics standard-setter for the accounting profession is suggesting changes in how accountants should respond when they suspect illegal acts are being committed by a client or employer.