Below please find daily updates pertaining to the latest in financial, business, and tax news:

PCAOB Seeks Input on Auditing Accounting Estimates, Fair Value Measurements

Wed Aug 20 13:31:45 PDT 2014

The US audit regulator on Tuesday issued for public comment a staff consultation paper on possible standard-setting activities related to those areas. Comments are sought by November 3....

The 6 Myths of Losing Your Clients

Wed Aug 20 09:52:38 PDT 2014

Here are six myths many practitioners believe about why clients leave for another professional and how to get them back. A little work now can save you a lot of hassle and expense later....

Bramwell?s Lunch Beat: Medical Device Tax Revenue Falls Short

Wed Aug 20 09:18:24 PDT 2014

The menu for August 20 features specials on Hertz withdraws full-year forecast due to accounting errors and operational challenges, botched forecast cost Walgreen CFO his job, Alaska oil tax repeal ballot measure losing, and more....

EY Eco-Ambassadors Give Back Globally

Wed Aug 20 03:17:40 PDT 2014

For these financial pros, it's not about black and red: it's all about being green, as they apply their skills in the far-flung corners of the world to help the environment and the economy work together....

Build a Better Crystal Ball: PlanGuru CEO Talks about Forecasting

Tue Aug 19 10:26:54 PDT 2014

How are you planning? What tools do you use for forecasting? AccountingWEB recently spoke with PlanGuru CEO Christian Wielage about the hows and whys of business forecasting....

Bramwell?s Lunch Beat: PCAOB Rule on ID?ing Lead Audit Partner Coming Soon

Tue Aug 19 09:39:23 PDT 2014

The menu for August 19 features specials on Treasury prepares inversion options, H&R Block launches small business accounting services, AICPA membership eclipses 400,000 mark, 2014 AICPA Accounting Competition begins, and more....

Auditing Special Purpose Frameworks: Auditing Accounts Receivable?Part 2

Tue Aug 19 03:15:53 PDT 2014

This article will focus on relevant financial statement assertions for accounts receivable and the impact of risk of material misstatement (RMM) on specific auditing procedures....

PCAOB: Deficiencies Continued in 2013 Broker-Dealer Audits

Mon Aug 18 15:35:23 PDT 2014

Seventy-one of 90 broker-dealer audits inspected by the PCAOB in 2013 were found to have audit deficiencies or audit-independence issues, according to a new report released on Monday. Deficiencies were also found in 56 of 60 firms that conducted broker-dealer audits....

The 10 Best Cities for Accountants

Mon Aug 18 10:22:29 PDT 2014

Where are the best cities for accountants to pursue their careers? There are some obvious answers here?but also some surprises. Accountants have a variety of choices from coast to coast....

Bramwell?s Lunch Beat: New York Levies Penalties Against PwC

Mon Aug 18 09:18:36 PDT 2014

The menu for August 18 features specials on Joe Echevarria is stepping down as Deloitte CEO, state tax revenues declined in Q1 for the first time in four years, holding auditors blameless, and more....

Hewlett-Packard Earnings: 1 Segment Just Took the Clear Lead in HP's Turnaround

Wed Aug 20 18:30:11 PDT 2014

Thanks to the outperformance of its largest segment, HP's turnaround is gaining steam....

Apple, Inc. Takes a Different Approach to User Data in China

Wed Aug 20 17:30:02 PDT 2014

While most U.S. tech companies try to avoid storing data in China, Apple is bucking the trend. It also has the most to gain....

Microsoft's Xbox Smartglass App Is a Step Behind the Playstation 4

Wed Aug 20 17:00:02 PDT 2014

Streaming features and mobile connectivity may be essential as console makers map out future success in the gaming industry....

Google Inc. Tightens Its Grip on Advertisers

Wed Aug 20 16:30:02 PDT 2014

Even as the digital advertising space heats up, the online giant irks many marketing customers by changing its search results options....

3 Reasons American Tower Corp.'s Stock Could Rise

Wed Aug 20 16:08:38 PDT 2014

American Tower is a growth stock, quite literally built on a foundation of solid rock. Here are three of the best reasons to own this stock today....

Defense Industry: Investing Essentials

Wed Aug 20 15:49:02 PDT 2014

It's always a brave new world for the defense industry. Here's what you need to know to invest in it....

Why American Eagle Outfitters Shares Flew Today

Wed Aug 20 15:37:50 PDT 2014

Is this meaningful? Or just another movement?...

5 Things Eli Lilly and Co's Management Wants You to Know

Wed Aug 20 14:59:28 PDT 2014

At a critical time for the company, Eli Lilly's management has laid out its plans to return to growth and gave us a good look at what the future holds....

Hertz Global Holdings Shares Drop After Guidance Withdrawn

Wed Aug 20 14:46:42 PDT 2014

An SEC filing from Hertz brings bad news for investors. A buying opportunity, perhaps, but I'd let the restatement play out first....

3 Reasons Why HCA Holdings Inc Stock Could Rise

Wed Aug 20 14:38:54 PDT 2014

Higher insurance enrollments due to the Affordable Care Act is just one of three reasons why business could improve at HCA's 165 hospitals and 115 freestanding surgery centers....

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