PCAOB sees successful ‘dry runs’ of critical audit matter disclosures from companies

The Public Company Accounting Oversight Board has been pilot testing its upcoming requirements for auditors.

VSCPA launches Center for Innovation

The Virginia Society of CPAs’ new online resource will look to tutor members on emerging technology and leadership skills.

Lease accounting changes expected to cost millions

Companies are expanding their budgets to accommodate the new leasing standard, according to a new survey by Ernst & Young.

Credit unions and community banks face different CECL challenges

The new accounting standard will have a varying impact on financial institutions.

Brown Edwards adds Yancey & Bowman

The Regional Leader is expanding in Harrisonburg, Virginia.

CliftonLarsonAllen merges in Schenck

CLA is expanding in Wisconsin by combining with another Top 100 Firm.

Business environment seen as riskier in 2019

The consulting firm Protiviti has released its annual report on the top risks facing organizations in 2019.

Macron looks to tax cuts to placate ‘yellow vest’ protesters

French President Emmanuel Macron could introduce emergency tax cuts to quell violent protests, a move that risks worsening the country’s budget deficit.

Ernst & Young global chair and CEO Mark Weinberger stepping down

The global chairman and CEO is planning to step down after six years running EY’s global network.

AICPA issues new standard for ERISA benefit plan audits

The American Institute of CPAs’ Auditing Standards Board voted to issue a long-awaited standard on audits of financial statements of employee benefit plans, although it is still awaiting some details before the standard takes effect.