Non-audit News

New Apprenticeship Opportunities at KPMG

Professional services firm KPMG is launching a new apprenticeship programme based in its Canary Wharf offices in London, within its Risk Consulting practice. There will be 20 places on the scheme initially, which will start in October 2012. A three year programme, applicants can opt either to work and study towards an accounting qualification with [...]

David Loweth Appointed As Director for Trustee Activities

The Trustees of the IFRS Foundation, responsible for the governance and oversight of the International Accounting Standards Board (IASB), has appointed David Loweth as Director for Trustee Activities. Mr Loweth currently serves as Technical Director of the United Kingdom (UK) Accounting Standards Board (ASB). The Trustees have created the role of Director for Trustee Activities [...]

Jeanette M. Franzel Is New Member of Public Company Accounting Oversight Board

The Securities and Exchange Commission has named Jeanette M. Franzel to be a member of the Public Company Accounting Oversight Board (PCAOB). Ms. Franzel, currently a Managing Director of the U.S. Government Accountability Office (GAO) with over 20 years of public service, will replace Daniel L. Goelzer, one of the founding members and a former [...]

PCAOB Names S. Bruce Wilson to Be Director of International Affairs

The Public Company Accounting Oversight Board (PCAOB) announced that S. Bruce Wilson will join the organization as Director of the Office of International Affairs. Starting Feb. 6, Mr. Wilson will lead the PCAOB’s efforts to negotiate and implement cooperative arrangements with non-U.S. auditor oversight bodies. He also will represent the PCAOB in bilateral and multilateral [...]

Entrepreneurial Businesses Spearhead Irish Economic Recovery

Ireland must remain optimistic but realistic in terms of its economic future. Our island is facing many economic challenges, however we must believe that better days lie ahead, confident in the knowledge that we have the valuable human resources that will empower us to drive change and support the economic recovery – our entrepreneurs. These [...]

Podcast Summary of January 2012 IFRS Interpretations Committee Meeting Available

A podcast was recorded shortly after the January 2012 IFRS Interpretations Committee meeting to provide a short summary of the main topics and projects discussed. In this recording, Michael Stewart, Gary Berchowitz and Patrick Le Flao give an overview of the issues discussed, including IAS 37 Provisions, Contingent Liabilities and Contingent Assets – determining when [...]

SEC Deputy Inspector General to Serve As Agency’s Interim Inspector General

The Securities and Exchange Commission announced that Noelle Maloney will serve as interim Inspector General for the agency following the departure of Inspector General H. David Kotz to join a private investigative services firm. Mr. Kotz’s last day at the Commission was Friday, Jan. 27. Ms. Maloney will head the SEC’s Office of Inspector General [...]

General James L. Jones USMC (Ret) Joins Deloitte

General James Jones, USMC (Ret), former National Security Advisor and 32nd Commandant of the Marine Corps, has joined Deloitte LLP as Senior Advisor. In his new role, General Jones will work in an advisory capacity with Deloitte’s federal and commercial clients and Department of Defense practice. Appointed National Security Advisor to President Barack Obama on [...]

IFRS Trustees Reappoint Three Members of the IASB

The Trustees of the IFRS Foundation, responsible for the governance and oversight of the International Accounting Standards Board (IASB), have reappointed three existing members of the IASB. Stephen Cooper (UK) and Wei-Guo Zhang (China) were each reappointed to serve a second, five-year term. Their terms will now expire on 1 August and 30 June 2017 [...]

David Hansell Joins KPMG

Former US Department of Health and Human Services Assistant Secretary, David Hansell, has been appointed as head of KPMG’s global Human/Social Services practice. Mr. Hansell most recently led the Administration for Children and Families (ACF) within the US Department of Health and Human Services (HHS), serving as Acting Assistant Secretary and Principal Deputy Assistant Secretary. [...]

Yael Almog Appointed As Executive Director of the IFRS Foundation

The Trustees of the IFRS Foundation, the oversight body of the International Accounting Standards Board, has appointed Yael Almog as Executive Director of the IFRS Foundation. Ms Almog will be responsible for the management of the day-to-day operations of the organisation and will provide executive leadership in support of the work of the Trustees. Ms [...]

Karen Goodfriend Receives AICPA’s 2011 PFP Distinguished Service Award

The American Institute of Certified Public Accountants has announced that Karen Goodfriend, CPA/PFS, of KK Wealth Advisors in Los Alto, Calif., is the recipient of the 2011 Personal Financial Planning Distinguished Service Award. Goodfriend received the award earlier at the Institute’s 2012 Advanced Personal Financial Planning Conference in Las Vegas. The AICPA gives the PFP [...]

Mark Weinberger Elected Next Global Chairman and CEO of Ernst & Young

Mark Weinberger Elected Next Global Chairman and CEO of Ernst & Young

Ernst & Young has named Mark Weinberger as its next Global Chairman and CEO, succeeding current Global Chairman and CEO Jim Turley, who announced recently that he will retire on 30 June 2013, having led Ernst & Young since 2001. Ernst & Young’s Global Executive and its Global Advisory Council, the organization’s highest management and [...]

OFCOM Second Spectrum Consultation a ‘Significant Departure’ – KPMG

Benoit Reillier, Director in KPMG’s Economics & Regulation practice comments on OFCOM’s second spectrum consultation on the forthcoming spectrum auction (planned for Q4 2012). He said: “This new consultation suggests a significant departure in the thinking of the Regulator regarding competition in the UK mobile market. Under the new proposed rules, most of the UK [...]

Darden School Triumphs at Deloitte’s Second Annual National Case Competition

Darden School Triumphs at Deloitte’s Second Annual National Case Competition

A team from the University of Virginia Darden School of Business has won the second annual National Case Competition held at Deloitte University’s landmark campus for learning and leadership development near Dallas, Texas. Comprised of first-year MBA students Samuel He Huang, Tarun Keswani, Daniel Lee and Sarah Washabaugh— Darden’s team won the top prize of [...]

Robert Chenhall Receives Lifetime Contribution Award from AAA

Robert Chenhall Receives Lifetime Contribution Award from AAA

The American Institute of Certified Public Accountants (AICPA) and the Management Accounting Section of the American Accounting Association have awarded the 2012 Lifetime Contribution Award to Robert Chenhall, Ph.D. Anne Farrell, member of the AICPA’s Business & Industry Executive committee, and Leslie Eldenburg, chair of the Lifetime Contribution Committee, presented the award at the 2012 [...]

Recipients of Greatest Potential Impact on Management Accounting Practice Award

Recipients of Greatest Potential Impact on Management Accounting Practice Award

The American Institute of Certified Public Accountants (AICPA), Chartered Institute of Management Accountants (CIMA) and the Society of Management Accountants of Canada (CMA Canada) have announced the recipients of the Greatest Potential Impact on Management Accounting Practice Award for 2012. The first award goes to Alexander Bruggen, Ranjani Krishhnan and Karen Sedatole for their paper, [...]