On June 27, the FASB issued for public comment a proposed ASU intended to improve financial reporting about certain risks inherent in financial instruments and how they contribute to the reporting organization's broader risks.
The ACCA and the IMA have announced their global strategic partnership. The signing of the agreement took place at IMA's Annual Meeting of Members, during IMA's Annual Conference and Exposition in Las Vegas.
J. Stephen McNally, CPA, provides an overview of COSO and his perspective on how it has been leveraged by such companies as Campbell Soup. In addition, he offers insight into COSO's recent ICIF Refresh Project.
A recent global survey on business ethics explored key ethical questions faced by accounting firms. Read the results and see how other accounting firms are addressing the issue of ethics with an internal code of conduct.
Results of the IPT's Elder Investment Fraud and Financial Exploitation Survey reveal that 84 percent of respondents who deal with investment fraud/financial exploitation of senior citizens agree that the problem is getting worse.