PCAOB Exposes Further Problems with Ernst & Young Audits

by Chair Mary Jo White U.S. Securities and Exchange Commission Before the U.S. House of Representatives Committee on Financial Services May 16, 2013 Chairman Hensarling, Ranking Member Waters and Members of the Committee: Thank you for the ...

Accountancy giant KPMG in the UK is facing a potential investigation over the audit work that gave HBOS a clean bill of health in the run-up to its collapse. The UK's Financial Reporting Council confirmed it would consider launching an investigation ...

Steven B. Harris, Board Member EVENT: Canadian Public Accountability Board Audit Symposium LOCATION: Toronto Introduction Thank you for that introduction, Jim. It is a pleasure to be here and to have the opportunity to participate in this discussion ...

NORWALK, Conn.--(BUSINESS WIRE)-- The U.S. Securities and Exchange Commission (SEC) has adopted the 2013 U.S. GAAP Financial Reporting Taxonomy, the Financial Accounting Foundation (FAF) and the Financial Accounting Standards Board (FASB) announced ...

MAG Silver Corp. (TSX:MAG)(NYSE MKT:MVG) ("MAG" or the "Company") announces the Company's unaudited financial results for the three months ended March 31, 2013. For complete details of the first quarter unaudited Condensed Interim Consolidated ...

Press Release Share This Story Alaska Pacific Energy Corp. (OTC Pink: ASKE) announced last week that it has retained the services of RBSM LLP-Accountants and Advisors. The scope of the engagement is to conduct an audit of the company's financials.

WASHINGTON, DC In an effort to protect the investing public, improve the oversight of corporate auditing, and ensure that the financial reports of publicly traded companies are accurate and reliable, U.S. Senators Jack Reed (D-RI) and Chuck ...

Accounting changes that would require companies to report more of their leases as assets and liabilities may encourage businesses to structure shorter-term rental agreements that could hamper the ability of lessors to predict cash flows, according ...

The Private Company Council (PCC) today voted to move forward with proposed alternatives within U.S. Generally Accepted Accounting Principles (GAAP) designed to improve financial reporting for private companies. The PCC's approved exposure of the ...