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.
The three research studies examine whether knowing the name of the engagement partner leading an auditing effort is valuable to investors and whether being required to provide this information enhances the performance of engagement partners.
The IMA recently launched a website that is designed to engage accounting and finance professionals, students, employers, and academics in a dialogue about the talent gap within the accounting profession.
Sarah Galley, firm administrator with Pohlman & Talmage CPAs, received the Association for Accounting Administration's Achievement, Commitment, Excellence (ACE) Award at its June 2013 National Practice Management Conference in Detroit.
The CAQ and the AAA Auditing Section announced four awards as part of a new program designed to facilitate accounting and auditing academics' ability to obtain access to audit firm personnel to participate in their research projects.
Two thought leaders in accounting education, IMA® and AAA's Management Accounting Section, are working to bridge the gap between the skills currently provided in accounting education and those required in practice.
The future of accounting education is the subject of a study released by the AICPA and the AAA. The University of Rhode Island's Mark Higgins was instrumental in crafting the assessment and recommendations.