Audit

Proposed Revisions to Single Audit Requirements

By Trevor Warren | December 03, 2012

In March 2012, the Office of Management and Budget (OMB) issued for comment proposed guidance titled: Reform of Federal Policies Relating to Grants and

Audit

AICPA Proposes a Financial Reporting Framework for Privately Owned Small and Medium-Size Entities

By Donald Applegarth | November 06, 2012

Financial-reporting standards aimed at privately owned small and medium-size entities (SMEs) in the form of a proposed framework by the American Institute

Audit

Private Company Council to Focus on Uncertain Tax Positions Among Other Topics

By Todd Lucas | October 16, 2012

The Private Company Council (PCC), established by the Financial Accounting Foundation, is a new body charged with improving the process of setting accounting

Audit

Changes in Group Audit Requirements are on the Horizon

By Charles Oshurak | September 20, 2012

A lot of time and effort has been given to the issue of global harmonization of generally accepted accounting principles while, over a similar period,

Audit

GASB Releases Long-Awaited Pension Standards

By Kimberly James | July 24, 2012

The Governmental Accounting Standards Board (GASB) has issued GASB Statement Nos. 67 (Financial Reporting for Pension Plans) and 68 (Accounting and Financial

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