Accounting standards

The foundation is looking for nominations to the Private Company Council that shares the perspectives of privately held businesses with FASB.

The Arizona-based firm teamed up with Terán Rojas & Associates.

Their combined association is indefinitely suspending services in Russia and Belarus in response to the war in Ukraine.

The Big Four have concluded that business ties to the country are untenable in the wake of its invasion of Ukraine.

Businesses and executives are increasingly realizing there’s a whole new level of complexity lying just beneath crypto’s binary-coded surface, mainly how to account for it, how the accounting standards apply, and what it all means for the accounting team.

The board is proposing a set of revisions to the independence standards for engagement teams working on audits of group financial statements.

Two directors at a real estate firm that borrowed millions from the U.K.’s pandemic loan program are being probed for preparing misleading financial statements.

The foundation is moving closer to establishing an International Sustainability Standards Board.

With Kathleen Casey's term due to end at the end of 2022, the trustees has begun the search for her successor.

The U.S. firm also expressed its support for Ukraine, and announced a $250,000 donation to relief efforts.

The International Federation of Accountants teamed up with the Institute of Chartered Accountants on the latest installment of an educational series.

The board censured PricewaterhouseCoopers’ Canadian firm and imposed a $750,000 penalty, saying over 1,200 employees shared answers to tests during mandatory training courses.

A boom in ESG debt has created some accounting concerns that need of regulatory attention, according to Europe’s markets watchdog.

Public offers; a second soda tax mess; never fail to put off; and other highlights from our favorite tax bloggers.

The board proposed a set of revisions to address the impact of technology innovation on the profession.

ASU 2020-06 simplifies accounting for convertible debt and free-standing equity-linked instruments.

The Top 30 Firm is expanding its local, state and federal government client base, effective March 31.

The Swiss chemicals maker is investigating allegations by internal whistleblowers that staff manipulated accounts to meet financial targets.

The Value Reporting Foundation released a guide to the SASB standards with industry-specific guidance on how boards of directors can use SASB standards.

The collapse of U.K. builder Carillion four years ago is now threatening to inflict more than reputational damage on its former auditor, KPMG.