All Accounting & Auditing articles – Page 47
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Blog
FASB hears CECL concerns, plans March meeting date
Making no promises about what action, if any, it will take, FASB will meet in March to discuss the CECL standard on credit losses.
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Blog
PCAOB releases KPMG's 2016 report, 3 others
The PCAOB has published its report on KPMG’s scandal-ridden 2016 inspection, along with three other reports, describing high levels of audit deficiencies and mismanagement of quality.
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Former PCAOB Director of Enforcement joins Akin Gump
Claudius Modesti, former Director of Enforcement at the Public Company Accounting Oversight Board (PCAOB), has joined Akin Gump as a partner in its white-collar defense and government investigations practice in Washington, D.C.
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Blog
CV Sciences appoints new chief accounting officer
CV Sciences, a supplier and manufacturer of hemp CBD products, has appointed Joerg Grasser to the role of chief accounting officer.
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TransAtlantic Petroleum names new chief accounting officer
TransAtlantic Petroleum, an international oil and natural gas company engage, announced that it has made several changes to its executive management team, including the appointment of a new chief accounting officer, as well as a new general counsel and corporate secretary.
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EY forms independent audit quality committee
EY has joined the rest of the Big Four in seeking independent consult on audit quality, forming a committee of outside experts to advise firm leaders.
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Grant Thornton launches lease analytics app
Grant Thornton announced the launch of web-based application LeaseCom Analytics (LCA), designed to help companies adjust to FASB’s new lease accounting standard.
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When earnings precede audit, auditors cave, study finds
Absent a strong audit committee, management can get an upper hand over auditors when it releases unaudited earnings results to the market, a new study says.
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Restatements declined with adjustments, analysis shows
As restatements numbers have fallen in recent years, so too have out-of-period adjustments, according to a recent analysis by Audit Analytics.
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BlogEY elects new global chairman and CEO
EY has elected Carmine Di Sibio as its new global chairman and CEO to succeed Mark Weinberger when he departs July 1, 2019.
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Dean Foods names chief accounting officer
Dean Foods Company has named Jeff Dawson as its senior vice president, chief accounting officer, effective Jan. 28. Dawson replaces Scott Vopni , who left the company to pursue other opportunities.
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AICPA develops new benefit plan auditing standards
With new professional standards soon to be finalized, auditors are working on a plan to improve the quality of employee benefit plan audits.
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Treasury, IRS issue proposed regulations on BEAT
The U.S. Treasury and the Internal Revenue Service have issued proposed regulations on the base erosion and anti-abuse tax established under the Tax Cuts and Jobs Act.
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Blog
Abeona Therapeutics names chief accounting officer
Abeona Therapeutics, a clinical-stage biopharmaceutical company, has named Edward Carr as chief accounting officer.
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RSM joins Sheltered Harbor
RSM, a provider of audit, tax, and consulting services, has joined the Sheltered Harbor alliance partner community in both an assurance and advisory capacity.