PCAOB Reproposes Auditing Standard, Related Parties
The PCAOB reproposed for public comment an auditing standard, Related Parties, and related amendments to other standards to address areas that have been contributing factors in a number of financial reporting frauds.
KPMG Appoints Doug Gates as Global And U.S. Head Of Aerospace & Defense Practice
KPMG appointed Doug Gates to head its Global and U.S. Aerospace & Defense practice.
“Aerospace and defense companies are challenged to meet the pressures of decreasing government defense budgets, increased globalization and competition, and a highly complex regulatory environment,” Gates said. “We at KPMG look forward to offering insights and services that assist A&D executives in growing and optimizing their 
businesses, managing risk and helping them to address these significant challenges.”
PCAOB to Consider Reproposal of Auditing Standard
The PCAOB has scheduled an open meeting for 9:30 a.m. on Tuesday, May 7, to consider reproposing for public comment an auditing standard, Related Parties.
The Board also will consider related amendments, including those regarding significant unusual transactions.
PCAOB Schedules SAG Meeting on May 15-16
The PCAOB slated a meeting of its Standing Advisory Group for May 15-16, 2013.
Mahoney Sabol Expands Public Sector Practice
Mahoney Sabol & Co./Glastonbury, Conn. expanded its Public Sector Practice with the addition of Robert Howard, Jr. and five staff members specializing in municipal, quasi-governmental and not-for-profit specialty practice area.