SEC loosens independence rules

Posted by & filed under Accounting Information Systems, Accounting Principles, All Articles, Auditing, Cost Accounting, Ethical Dilemma, Financial Accounting, Intermediate Accounting, Managerial Accounting, Uncategorized.

According to Accounting Today, the SEC loosened independence rules as part of a deregulatory push in recent years. Questions: According to the article, what will the amendments to Rule 2-01 of Regulation SX do? How do the new and old rules vary on the following situation: An auditor is with a firm that audits a… Read more »

What kind of car should you buy?

Posted by & filed under Accounting Principles, Advanced Accounting, All Articles, Auditing, Cost Accounting, Financial Accounting, Financial Reporting and Analysis, Financial Statement Analysis, Fraud Accounting, IFRS, Intermediate Accounting, International Accounting, Managerial Accounting, Uncategorized.

Do you ever consider the price of insurance before you buy a car?  Well, maybe you should. According to the insurance data company Quadrant Information Services, a new ranking of average premiums for 2011 models is out, based on averaging late December 2010 car insurance rates from six large carriers across 10 ZIP codes in… Read more »