All Accounting & Auditing articles – Page 63
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Blog
Kite Realty names new chief accounting officer
Kite Realty Group Trust, a real estate investment trust company, has promoted David Buell to the role of senior vice president, chief accounting officer, effective as of Jan. 1, 2018. He replaces Thomas Olinger, who retired from the company.
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Blog
Ruling against PwC may portend greater auditor scrutiny
A court ruling in a lawsuit brought by the Federal Deposit Insurance Corporation against PwC for its failure to detect a multibillion-dollar fraud may well portend greater skepticism and scrutiny by auditors when looking at FCPA issues.
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Audit fees creep higher in 2016, study shows
Public company audit fees inched upward again in 2016, based on the latest data available from Audit Analytics.
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Article
Year in review: 2017
Compliance Week looks back at the last 12 months and offers a glimpse at some of the biggest news stories in compliance, governance, risk, and ethics.
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PCAOB delivers improved report card on Grant Thornton
Grant Thornton's latest PCAOB inspection report, dating to 2016, shows improvement over prior year results.
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AuditBoard and Lucidchart announce partnership
AuditBoard, an internal audit automation platform (formerly known as SOXHUB), and Lucidchart, a visual productivity platform, kicked off a partnership this month with the launch of a direct integration that enables AuditBoard users to easily view and update Lucidchart flowcharts within the AuditBoard application.
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SEC relieves year-end tax reform reporting crisis
With tax reform signed into law, the SEC has issued guidance explaining its expectations with respect to the related financial reporting requirements.
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Tax reform produces tax scramble for public companies
With tax reform a reality, public companies are facing new planning opportunities and new provision and reporting obligations that create a mountain of transition work.
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Groups propose new structure for global auditing standards
A group of international regulators and financial institutions is proposing a new mechanism to set standards for auditing in global capital markets.
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PCAOB fines Grant Thornton over audit, partner failures
The PCAOB has extracted a $1.5 million settlement from Grant Thornton over allegations of audit and quality control failures around engagement partner performance.
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Could companies get relief from tax reform year-end reporting?
With tax reform nearly law, the focus for public companies is shifting to whether companies might get some relief from enormous year-end reporting burdens.
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New report on Deloitte shows no change in audit findings
Audit regulators found problems with 24 percent of the audits they inspected at Deloitte in 2016, the same number inspectors flagged in 2015.
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Article
Lease accounting relief will ease adoption—but only a little
With work winding down to get ready for the massive shift in how to recognize revenue, the next major accounting change exercise still awaits—lease accounting.
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Blog
Marsh & McLennan Companies chief accounting officer to retire
Marsh & McLennan Companies, a global professional services firm, announced the appointment of Stacy Mills as vice president and controller, effective Jan. 1, 2018. In this role, Mills will serve as chief accounting officer and report to Chief Financial Officer Mark McGivney.
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Tax reform deal will set reporting scramble in motion
With a tax reform package all but complete, experts are alerting companies to get their tax records in order to prepare for a flurry of year-end transition activity.
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Blog
Announcing the FINRA Institute at Georgetown
The Financial Industry Regulatory Authority and Georgetown University’s McDonough School of Business have announced a partnership to deliver the FINRA Institute at Georgetown Certified Regulatory and Compliance Professional(CRCP) Program in Washington, DC.
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Blog
SEC appoints all new board to lead PCAOB in 2018
The SEC is cleaning house at the Public Company Accounting Oversight Board, appointing five new board members to take over the reins beginning in January.
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Blog
Delayed inspection reports will show plateau in audit improvements
When reports begin to emerge on the latest inspection findings for the major audit firms, they will show no broad, appreciable improvements over the prior year.
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Article
Time runs out on getting ready for new revenue recognition
With little time remaining to prepare for a wholesale change to revenue recognition, accounting leaders share some final insights to help companies wrap it up.
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Blog
Columbia Sportswear names chief accounting officer
Columbia Sportswear Company announced that Melissa Dugan has joined the company as vice president, chief accounting officer. She will report to Chief Financial Officer Jim Swanson.