Accounting standards

Everyone has called for binding accounting requirements for digital assets. Yet as of this writing, no U.S. GAAP standards are in development.

The International Public Sector Accounting Standards Board has issued its own leasing standard for the public sector.

The Public Company Accounting Oversight Board is once again forming an Investor Advisory Group and starting a new Standards and Emerging Issues Advisory Group after the old board came under sharp criticism for scrapping its outside advisory groups.

EY's Marie-Laure Delarue discusses how accountants can help companies with their ESG reporting, and the formation of the new International Sustainability Standards Board.

The commission warned on Friday that filers are using the wrong XBRL tags for reporting their finance lease liability and future payments.

Signs of contagion are rippling through China’s property industry, with a spate of auditor resignations deepening concerns about developers’ financial health.

The American Institute of CPAs has updated its practice aid for accounting and auditing of digital assets, with added material on cryptocurrency.

IASB vice-chair Sue Lloyd will become vice-chair of the new board, while Value Reporting Foundation CEO Janine Guillot will be special advisor to the ISSB's chair.

The company can start paying out $1.6 billion to investors who lost out in the wake of the retailer’s 2017 accounting scandal.

Eelco van der Enden is planning to work with the nascent board, while maintaining GRI’s independence.

The slide extended to a second day as investors reassessed the company’s Bitcoin buying strategy.

The company can’t strip out the cryptocurrency's wild swings from the unofficial accounting measures it touts to investors, the commission said.

Bill.com CEO René Lacerte has been growing his company with recent acquisitions that have been adding spend management and accounts receivable capabilities, with more deals perhaps on the way.

An activist group is urging international audit institutions to end all their engagement with the government’s auditor general.

Stuart Smith, a former audit director, took responsibility for misleading the U.K. audit watchdog, and said he was “reckless” as to whether he was misleading inspectors.

Six former employers at the auditing giant are accused of acting “with a lack of integrity in dishonestly or recklessly misleading the regulator.”

The network saw rising demand from business clients needing help with recovering from the pandemic.

The board has a new leader, Erica Williams, after its new chair was sworn in Monday by the Securities and Exchange Commission in a virtual ceremony.

The Governmental Accounting Standards Board is adding a major project on going concern uncertainties and severe financial stress to its technical plan for the first third of this year.

The board is surveying stakeholders about easing the audit requirements for less complex companies, while beefing them up for more complicated structures.