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17 Sep 2014, 3:53 am by Broc Romanek
The Alert cited “frequently observed significant audit deficiencies” regarding revenues during auditor inspections of audit firms – and focuses on these areas: - Testing the recognition of revenue from contractual arrangements - Evaluating the presentation of revenue—gross versus net revenue - Testing whether revenue was recognized in the correct period - Evaluating whether the financial statements include the required disclosures regarding revenue - Responding to risks of… [read post]
23 Sep 2009, 4:27 am
In FEI's "Financial Reporting Blog," Edith Ornstein provides more details about these Committee developments [read post]
7 Jun 2012, 10:39 am by Emily Brennan
Wang Fei soon found himself on top of a “most wanted” list on the Internet. [read post]
30 Oct 2009, 4:51 am by Broc Romanek
" Also read FEI's "Financial Reporting" Blog to learn how FASB and IASB have committed to "re-tripling" their efforts to meet the 2011 convergence deadline [read post]
17 Jan 2013, 4:20 am by Broc Romanek
IASB, FASB Chairs Address Possible IFRS Option in US In FEI's "Financial Reporting Blog," there is news about the latest thinking on the use of IFRS from the Chairs of the IASB and FASB... [read post]
10 Jul 2017, 3:53 am by Broc Romanek
Or will it state that companies have wide latitude as to how they provide links? [read post]
24 Apr 2012, 10:00 am by Jerry Brito
On the podcast this week, Naomi Cahn, John Theodore Fey Research Professor of Law at George Washington University, discusses her new paper entitled, “Postmortem Life Online. [read post]
2 Jun 2014, 3:48 am by Broc Romanek
” Study: 36% Haven’t Started to Update Internal Controls for New COSO Guidance As laid out in this FEI blog, quite a few companies are lagging in updating their internal controls for the latest COSO guidance, as documented in this Protiviti study… Our June Eminders is Posted! [read post]
24 May 2010, 7:48 am by Doug Cornelius
Gilda Radner, John Belushi, Tina Fey and Chris Farley are just a few of the stars and superstars that have come through Second City. [read post]
16 Aug 2012, 4:02 am by Broc Romanek
Note this is the first auditing standard adopted by the PCAOB subsequent to the JOBS Act - and therefore, the SEC must separately determine whether it will apply to audits of emerging growth companies (as noted by Cooley's Cydney Posner in this news brief). [read post]
28 Sep 2009, 4:12 am
In FEI's "Financial Reporting Blog," Edith Orenstein wonders whether the SEC's "Study of the Costs and Benefits" regarding internal controls reporting under the SEC & PCAOB rules is not far behind [read post]
15 Oct 2015, 4:40 am by Randi Morrison
    See also this FEI article, and heaps of additional resources in our “Auditor Independence,”  “Auditor Engagement,” and “Auditing Process” Practice Areas. [read post]
14 Nov 2022, 1:25 am by Kurt R. Karst
  If a party believes that its facilities should be considered a single facility and multiple FEIs have been assigned in error, it may request consolidation of the FEIs. [read post]
6 Feb 2014, 3:54 am by Broc Romanek
SEC Approves PCAOB's '14 Budget As noted in FEI's Financial Reporting Blog, the SEC approved the PCAOB's budget yesterday. [read post]