Accounting standards

As businesses downsize office space and renegotiate leases, they need to look at how they’re accounting for the leases under the new rules.

We need to measure the amounts of greenhouse gases that are emitted and removed from the atmosphere, and get them to 'net zero.'

NYU accounting professor Baruch Lev on three ways standard-setters can significantly improve their agendas.

The Governmental Accounting Standards Board released a proposed concepts statement to guide GASB when establishing note disclosure requirements for state and local governments.

The exposure draft covers various accounting and financial reporting issues that were identified during implementation, application, and due process on GASB standards.

The Financial Accounting Standards Board released an accounting standards update Monday to help lessors account for leases with variable lease payments.

The Institute of Management Accountants officially appointed J. Stephen McNally as chair of the IMA’s global board of directors, and he plans to focus on the organization’s growing presence internationally.

It's crucial not to overlook relational accounting.

Accounting firms are restricting corporations from holding the cryptocurrency as assets even as they give free rein to venture capital firms to invest in equally risky and volatile unicorns.

With two rounds of implementation behind us, it’s time to reflect on what we’ve learned so far from the required disclosures of critical audit matters.

The Malaysian government is seeking more than $5.6 billion from the auditors over their role in auditing the state investment fund.

The South African-Dutch-German retailer may soon release a revised proposal to resolve more than $8 billion of legal claims after a previous deal recently fell through.

The recent leasing rules from the Financial Accounting Standards Board and the Governmental Accounting Standards Board are turning out to be harder to follow than many organizations expected.

IFAC signed an agreement with two global health groups to improve accounting practices in the public health sector.

Having completed many of its major current projects, the board is looking for suggestions on what to work on going forward.

Sustainability reporting standards, as well as assurance services to verify that reporting, vary widely across jurisdictions and individual practitioners and require better standardization.

The SEC has tweaked certain accounting rules and is considering doing more.

The tax prep giant's financial technology innovation arm is adding new accounts receivable features to its bookkeeping software.

U.S. oil and gas companies, along with their investors, may not be doing enough to reflect the impacts of the climate crisis in their financial reports.

KPMG U.K. Ltd. faces a 15 million pound ($21 million) fine after it committed “gross misconduct” over a conflict of interest when it advised bed manufacturer Silentnight and the private equity firm that bought it in 2011.