Marketwatch reported SEC chief
accountant Donald Nicolaisen as saying ‘International accounting standards are
here to stay’ and will be the norm in the future, following a roundtable
discussion in Washington.
According to the report, ‘several experts’ are urging the SEC to do just that
as quickly as possible.
Nicolaisen has lent his support to eliminating a requirement that foreign
firms whose securities trade in the US reconcile their financial results to meet
‘I really would encourage the Commission to think about eliminating it
earlier than 2009,’ said Nicolaisen.
Two new audit partners have been appointed at the firm BDO in its audit practice following continued growth and investment
Investment in people, tech and businesses impacts on EY's profit per partner figure
If businesses do not take cyber security seriously in their business planning regulators may do it for them, the ICAEW has warned
Dr Richard Willis provides a several thousand-year history lesson of the profession, from origin to modern-day