All Accounting & Auditing articles – Page 60
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Blog
LyondellBasell appoints chief accounting officer
LyondellBasell, one of the largest plastics, chemicals and refining companies in the world, has named Jacinth Smiley its chief accounting officer, effective April 2. Smiley will report to Chief Financial Officer Thomas Aebischer.
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Blog
After audit, IRS agrees to revisit Schedule UTP
Encouraged to modify or do away with the filing entirely, the IRS is taking a look at how it might revise Schedule UTP regarding uncertain tax positions.
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Blog
Former EY partner wins appeal of PCAOB disciplinary action
An appeals court has thrown out a PCAOB disciplinary finding against a former EY audit partner that was reviewed and supported by the SEC.
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Article
Internal auditors hear call to innovate, take up technology
The newest intelligence is calling on audit leaders to embrace their new normal—that nothing is normal—and innovate with technology to face it.
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Blog
New study shows low levels of comprehensive ERM
Formalized, comprehensive approaches to ERM are not terribly baked into corporate practices, according to a recent study by the accounting profession.
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Blog
Univision Communications appoints chief accounting officer
Univision Communications, a multimedia company serving Hispanic America, has promoted Matthew Drucker to EVP, chief accounting officer and corporate controller, effective immediately.
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Blog
State Street appoints chief accounting officer
State Street Corporation has appointed Ian Appleyard as executive vice president, global controller, and chief accounting officer, effective May 9, 2018.
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Blog
SEC approves updated and new taxonomies for XBRL filings
The SEC has approved both the 2018 GAAP Financial Reporting Taxonomy and a new SEC Reporting Taxonomy that companies need to use to complete XBRL filings.
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Article
Weary from accounting change, companies gear up for leases
With year-end reporting and revenue recognition implementation nearly complete, firms are preparing for their next accounting freak out—this time over leases.
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Blog
Study establishes link between fee pressure and audit quality
New academic research suggests there is indeed a correlation between pressure on audit fees and audit quality — and it’s not pretty.
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Blog
Office Depot appoints chief accounting officer
Office Depot has appointed Scott Kriss as senior vice president and chief accounting officer, effective April 3, 2018.
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Blog
IRS winds down voluntary disclosure, ramps up investigations
Just as the IRS bolsters its international enforcement capabilities and activities, it is also phasing out its voluntary disclosure program.
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Blog
Dyadic International names chief accounting officer
Dyadic International, a global biotechnology company, has promoted Ping Rawson to the role of chief accounting officer on March 14.
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Blog
SEC settles with audit firms over unregistered work
The SEC has settled charges with foreign affiliates of KPMG, Deloitte, and BDO for overseas audit work that was not properly registered with the PCAOB.
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Article
SOX: An uneven legacy
Sarbanes-Oxley has accomplished many things … which includes helping to stunt the formation of new public companies.
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Article
SOX: A watershed law that works
Sarbanes-Oxley has withstood the test of time to prove its success as a means of investor protection and boosting audit quality.
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Blog
Reporting improves with KAM disclosures, study says
After a year of reporting “key audit matters” in audit reports abroad, financial reporting has improved, says a study by a global accounting group.
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Article
Companies scramble to wrap up new revenue recognition
In the transition to new accounting rules on revenue recognition, it appears many companies are still trying to wrap up their implementation work.
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Blog
PwC internal audit study centers on need for innovation
Technology and innovation should be a priority for internal auditors, in terms of both the risks it produces and how auditors use it to address risks.
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Blog
Tesla cryptically announces chief accounting officer departure
In a strangely cryptic message, Tesla disclosed in a regulatory filing last week the departure of Eric Branderiz. What Tesla did not disclose is that Branderiz was the company's chief accounting officer.