Saturday November 21, 2009
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PCAOB Adopts New Auditing Standard
January 31, 2008 by Joseph McCafferty
The Public Company Accounting Oversight Board this week voted to adopt Auditing Standard No. 6 – Evaluating Consistency of Financial Statements – and an accompanying set of amendments to the board’s interim auditing standards.

PCAOB Public Forum to Weigh New Auditing Standards
January 28, 2008 by Joseph McCafferty
The Public Company Accounting Oversight Board hosts an open meeting tomorrow to consider adopting changes to its auditing standards.

Overhaul Proposed for FASB
December 18, 2007 by Joseph McCafferty
A proposal being put out for comment today seeks to overhaul the Financial Accounting Foundation, the body that determines who will set accounting rules in the United States, and would enable the Financial Accounting Standards Board to act faster while increasing the power of its chairman, Robert H. Herz.

Analysts Stand to Keep Earnings in Place
November 1, 2007 by Joseph McCafferty
An influential group of analysts have said that dropping headline earnings figures from financial statements would be damaging to investors, reports Jennifer Hughes of the Financial Times.

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