Accounting standards

Find out why the recent guidance from the SEC on how SPAC warrants are classified requires careful consideration of the specific facts and circumstances for each entity and each contract.

The board released a proposed ASU with the goal of improving the guidance for lessees that are not public businesses.

The Big Four firm is investing in an overhaul targeting better audits, digitization of services and greener operations.

PricewaterhouseCoopers is restructuring its U.S. firm into two business segments, and redefining its global strategy around the concept of trust.

The International Auditing and Assurance Standards Board issued two new implementation guides Monday for its recent quality management standards.

The board released updated implementation guidance for its leases standard, along with other accounting standards for state and local governments.

A failed oil trader in Singapore that owes creditors more than $3.5 billion is suing Deloitte & Touche LLP, alleging the auditing firm failed to detect “serious irregularities” in its financial statements for more than a decade.

Telling your clients the story behind the numbers is critical to client accounting services.

The institute's Auditing Standards Board amended its standards Tuesday to include guidance in two areas.

Almost three-quarters of inspections showing sub-par work, according to the watchdog.

By creating a more efficient and strategic finance team and improving their access to data, AI helps them gain the ability to more closely manage and control money.

International Accounting Standards Board chair Hans Hoogervorst is looking back at the growth of International Financial Reporting Standards as his decade running the IASB is set to end this month.

The Governmental Accounting Standards Board issued a proposal to improve the accounting and financial reporting requirements for state and local governments.

The IFRS Foundation is looking for a chair and vice-chair of a board that will set global ESG reporting standards.

The International Accounting Standards Board proposed a comprehensive framework for management discussion and analysis to better align with investor needs.

FASAB is looking for input on a proposed interpretation of the federal financial accounting standards for cancelled debt.

The Financial Reporting Executive Committee posted draft versions of its interpretations of the Financial Accounting Standards Board’s new long-duration insurance accounting standard.

The goal of the offset market is to reduce emissions, but without clear accounting and strict regulations there’s a big risk of greenwashing.

A sizable chunk of private companies still aren’t ready to implement the new lease accounting standard before the end of the year, despite postponements in the deadline due to the pandemic.