FYI


The board of the International Federation of Accountants in November appointed John Kellas, who is a fellow of the chartered accountants (FCA), chairman of the international auditing and assurance standards board (IAASB) for a three-year term that began January 1. Kellas, a partner in KPMG LLP’s London office and chairman of the firm’s assurance technical committee, has served on the IAASB and its predecessor, the international auditing practices committee, since October 2000.

FASB selects Jennifer Moriarty, an auditor with KPMG LLP’s New York financial services practice, as its first XBRL fellow. FASB created the fellowship to investigate ways in which XBRL and related technologies can improve corporate financial reporting and to develop policy recommendations on XBRL’s role in FASB standard-setting activities.

The Federal Accounting Standards Advisory Board (FASAB) announces a practice fellow program and a government fellow program. The former offers public accountants an opportunity to participate in the federal financial accounting standard-setting process for a two-year term. Candidates chosen for the latter program spend six months to one year with FASAB working with its accounting and auditing policy committee and on research and technical projects. More information is available from Wendy Comes, FASAB’s executive director, at 202-512-7350 or comesw@fasab.gov .

 

SPONSORED REPORT

Cybersecurity threats proliferating for midsize and smaller businesses

This report details how SMBs can properly protect private information from breaches, design and implement a cybersecurity policy, and create safeguards for training and education.

QUIZ

Test yourself on these often confused words

The spelling checker on your word processing program can do only so much to flag problems. Your best insurance is to learn the troublesome words that trip up writers and use them correctly by the standards of formal, written English.