Auditors and companies looking to adhere to a proposed internal control framework for financial reporting were told yesterday at a Baruch College auditing conference not to sweat the actual implementation date when the draft framework is finalized in March 2013. Comparing the new framework from the Committee of Sponsoring Organizations of the Treadway Commission (COSO) to Microsoft’s Windows 8, David Landsittel, chairman of COSO, said that users may initially favor the older framework, which will be “available as long as the market wants it.” But the new version will be “more robust” than the previous version, which dates back to 1992. [CFO]
Our careers consume a huge portion of our lives. Each of you reading this came here in hopes of finding information pertaining to your career.
If you’re an ambitious accounting professional, you might have the title of CFO on your career bucket list. Chief financial officers are quickly becoming the most indispensable and sought after talent for any organization.
You’ve decided that graduate school is the best way to move up the corporate ladder and find a career you enjoy. Now what? The list of potential graduate degrees can seem intimidating – MAC, MBA, JD, MS and more.
Squar Milner is one of the largest accounting firms in Southern California with offices in San Diego, Los Angeles and Newport Beach.
CPA at the end of your name? Powerful and sexy. MAcc? The verdict is still out.
Accountants Behaving Badly Accounting jobs Accounting News AICPA Auditors BDO Big 4 Busy season Career advice Careers CFOs China Compensation CPA Exam CPAs Deloitte Ernst & Young EY FASB Footnotes Fraud Grant Thornton IASB IFRS Interns IRS Job of the Day KPMG Lawsuits Layoffs McGladrey NASBA Need a job? Partners PCAOB Politics Promotions Public Accounting PwC Quote of the Day Raises or Lack Thereof Rumors Salaries SEC Studying for the CPA exam Tax cuts Taxes Tax policy Technology Twitter