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A collection of news and information related to Accounting and Auditing published by this site and its partners.

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    May 25, 2013 |Story| AM News
  1. John David Dyche: Kentucky Democrats need a new Bert Combs

    In the documentary “Bert Combs, Governor from the Mountains,” the late Thomas D. Clark, Kentucky’s most eminent historian, said that Combs dragged Kentucky into the 20th Century against its will. Sadly, that century was 60 years old...

    Tags: The New York Times, Republican Party, Politics, Government, Primaries

  2. May 25, 2013 |Story| South Florida Sun-Sentinel
  3. Jay Rittenberg: Pharmacies getting crushed by supposed partners

    As the owner of a 57-year-old family-run pharmacy in Miami Beach and engaged provider of health care, I want my community to know that our first priority is serving our patients. Our businesses, alongside 1,300 independent retail pharmacies in Florida,...

    Tags: Marketing, Miami (Miami-Dade, Florida), Chemical Industry, Miami Beach, Pharmaceuticals

  4. May 24, 2013 |Story| Los Angeles Times
  5. China gives U.S. regulators access to audit records

    China agreed to give a U.S. regulator access to documents from Chinese accounting firms, moving toward a resolution of a dispute that could have pushed the country's companies to stop trading on U.S. stock markets. The Public Company Accounting Oversight...

    Tags: PricewaterhouseCoopers, Business Enterprises, Deloitte Touche Tohmatsu Ltd., KPMG, U.S. Securities and Exchange Commission

  6. May 24, 2013 |Story| Reuters
  7. U.S. audit regulator reaches deal with China on document access

    Reuters
    NEW YORK (Reuters) - U.S. regulators will get access to Chinese companies' audit documents under a deal announced on Friday, opening the way to probes of bungled audits after a two-year stand-off between China and the United States. The nonbinding deal...

    Tags: Ernst & Young, Financial Markets, Business Enterprises, KPMG, Corporate Crime

  8. May 23, 2013 |Story| Chicago Tribune
  9. Former judge recommends changes at UNO

    A retired judge is recommending that embattled charter school operator United Neighborhood Organization improve transparency, add new board members and set rules outlawing nepotism and conflicts of interest in response to claims that the group violated terms of a state grant by hiring contractors related to one of the group's top executives.
    A retired judge is recommending that embattled charter school operator United Neighborhood Organization improve transparency, add new board members and set rules outlawing nepotism and conflicts of interest in response to claims that the group violated...

    Tags: Crime, Law and Justice, Justice System, Judges, Chicago Mayor, Rahm Emanuel

  10. May 23, 2013 |Story| Baltimore Sun
  11. Harris calls for expanded audit of education spending

    Rep. Andy Harris said Thursday that he will request an expanded review of the Maryland Department of Education's use of federal funds after an audit found that the state may have to return up to $540,000 in misspent stimulus dollars and money designated for poor children.
    Rep. Andy Harris said Thursday that he will request an expanded review of the Maryland Department of Education's use of federal funds after an audit found that the state may have to return up to $540,000 in misspent stimulus dollars and money designated...

    Tags: Culture, Politics, Justice System, Ceremonies, Foods and Beverages

  12. May 23, 2013 |Story| Baltimore Sun
  13. Federal audit finds city schools misspent stimulus, Title I funds

    The Maryland State Department of Education may have to pay back up to $540,000 in federal money intended to help the state's poorest schools after a scathing audit found that Baltimore City was one of two school districts that misspent the funds, using the money for dinner cruises, makeovers and meals.
    The Maryland State Department of Education may have to pay back up to $540,000 in federal money intended to help the state's poorest schools after a scathing audit found that Baltimore City was one of two school districts that misspent the funds, using...

    Tags: Culture, Politics, Ceremonies, U.S. Department of Education, Foods and Beverages

  14. May 22, 2013 |Story| Los Angeles Times
  15. Bell is on the brink of a fiscal crisis, audit says

    Bell's finances have worsened considerably since its infamous corruption scandal, leaving the city unable to refund millions of dollars in taxes illegally levied on residents and businesses, an audit released Wednesday shows.
    This post has been corrected. Please see the note below.
    Bell's finances have worsened considerably since its infamous corruption scandal, leaving the city unable to refund millions of dollars in taxes illegally levied on residents and businesses, an audit released Wednesday shows. The report by the state...

    Tags: Crime, Law and Justice, Bankruptcy, Justice System, Finance, City of Bell Public Corruption Scandal

  16. May 23, 2013 |Story| Reuters
  17. INTERVIEW-Cycling-Report shows still a long way to go - McQuaid

    Reuters
    By Alison Wildey LONDON, May 23 (Reuters) - Cycling has a long way to go to repair the damage done to the sport by the Lance Armstrong case, International Cycling Union (UCI) president Pat McQuaid said following the publication of the UCI's stakeholder...

    Tags: Tour de France, Globalization, International Cycling Union, Science and Technology, Road Race Cycling

  18. May 23, 2013 |Story| Reuters
  19. U.S. auditor watchdog finds fault with Ernst & Young

    Reuters
    By Nanette Byrnes May 23 (Reuters) - The U.S. regulator of corporate auditors said on Thursday that the U.S. arm of global accounting firm Ernst & Young failed to fix quality control problems found in earlier reviews. The report from the Public Company...

    Tags: Ernst & Young, PricewaterhouseCoopers, Business Enterprises, Deloitte Touche Tohmatsu Ltd., U.S. Securities and Exchange Commission

  20. May 23, 2013 |Story| Reuters
  21. Set 15-year limit on firms' accountants, investors urge UK watchdog

    Reuters
    LONDON (Reuters) - Pension and investment firms urged the UK's competition watchdog on Thursday to force companies to change accountants regularly, saying it must maintain its focus on the matter to prevent long contracts leading to risky complacency....

    Tags: United Kingdom, Investments, Legal & General Group Plc, Investment Service, European Parliament

  22. May 23, 2013 |Story| Los Angeles Times
  23. Steeped in debt, Bell could owe millions in legal fees, audit says

    <span>The city of Bell could be on the hook for $4 million in legal fees for court cases stemming from its corruption scandal, according to a state audit.</span>
    The city of Bell could be on the hook for $4 million in legal fees for court cases stemming from its corruption scandal, according to a state audit. Adding to the problems, the city is showing a possible negative balance in its general fund of $1.1...

    Tags: Crime, Law and Justice, Justice System, Finance, City of Bell Public Corruption Scandal, John Chiang

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