A&A news

A&A

Auditing Special Purpose Frameworks - Part 2

This series focuses both on general audit requirements applicable to all financial reporting frameworks as well as specific requirements relevant to two special purpose frameworks – the income tax basis and the AICPA’s FRF for SMEs basis.
A&A

FASB Releases 2014 US GAAP Taxonomy

The FASB released the 2014 US GAAP Financial Reporting Taxonomy, which contains updates for accounting standards and other improvements to the current taxonomy used by US Securities and Exchange Commission issuers.
A&A

Bramwell's Lunch Beat: Weil's Take on Auditor Rotation

Here are "Bramwell's Lunch Beat" menu items for December 19.
A&A

Thomson Reuters Sells Outsourcing Businesses to EY

New York-based Thomson Reuters sold its US tax preparation and court accounting outsourcing businesses to Ernst & Young LLP, the two companies announced on December 17.
A&A

Bramwell's Lunch Beat: Healthy Books Boost Herbalife Shares

Here are "Bramwell's Lunch Beat" menu items for December 17.
A&A

Bramwell's Lunch Beat: Remembering Abraham Briloff

Here are "Bramwell's Lunch Beat" menu items for December 16.
A&A

Auditing Special Purpose Frameworks - Part 1

This series of articles by Larry Perry, CPA, will discuss special considerations concerning engagement acceptance, the planning and performance phase of this type of engagement, and determining an opinion and reporting on the audit.
A&A

Bramwell's Lunch Beat: KPMG's Best Year Ever

Here are "Bramwell's Lunch Beat" menu items for December 13.
A&A

Study Examines Audit Committee Members' Social Ties with CEOs

Despite federal regulations instituted in the wake of corporate financial scandals, a substantial number of corporations have audit committees whose members have social ties to the CEO, according to new research.
A&A

Bramwell's Lunch Beat: Seidman Lands at Pace University

Here are "Bramwell's Lunch Beat" menu items for December 12.
A&A

PCAOB: Deficiencies Found in Engagement Quality Reviews

A report released by the Public Company Accounting Oversight Board (PCAOB) found that audit firms may not be executing engagement quality reviews appropriately under a particular auditing standard.
A&A

Bramwell's Lunch Beat: Farewell, OfficeMax

Here are "Bramwell's Lunch Beat" menu items for December 11.
A&A

Bramwell's Lunch Beat: Dog Days for Ex-Accountant

Here are "Bramwell's Lunch Beat" menu items for December 10.
A&A

Integrated Reporting Framework Released by the IIRC

The IIRC issued a final framework for integrated reporting in an effort to promote a more cohesive and efficient approach to corporate business reporting as well as to improve the quality of information available to stakeholders.
A&A

Bramwell's Lunch Beat: San Francisco's Soda Tax Battle

Here are "Bramwell's Lunch Beat" menu items for December 9.
A&A

AICPA Survey Reveals Split Decision on Economic Outlook

The fourth quarter "AICPA Business and Industry US Economic Outlook Survey" reveals business executives view the economic prospects for the coming year through a split screen.
A&A

CAQ Issues RFPs on Auditing Research

The Center for Audit Quality (CAQ) has sent out a request for proposals (RFPs) to fund independent academic research on several key auditing policy issues.
A&A

Survey Finds CPAs Have a Bleak View on US Economy for 2014

CPAs in New Jersey, New York, and Pennsylvania believe economic conditions will likely be the same one year from now. While they predict higher business revenues for their states next year, they do not have the same optimism for workforces.
A&A

Bramwell's Lunch Beat: E-Filers Get Pat on the Back

Here are "Bramwell's Lunch Beat" menu items for December 6.
A&A

AICPA Expresses Concern with Cash Method Limitations in Baucus Proposal

The AICPA has sent a letter to the chairman and ranking member of the Senate Committee on Finance opposing any limitation on the use of the cash method of accounting on natural persons, pass-through entities, personal service corporations, and farmers.

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