Accounting standards

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.

The Public Company Accounting Oversight Board has proposed a rule for implementing a recent law that penalizes foreign companies whose auditing firms can’t be inspected by the PCAOB.

There's a lot more to think about than just organizing their financial reports and getting their bills paid.

As businesses invest in cryptocurrency and sell assets like nonfungible tokens, they should be aware of the accounting and tax issues surrounding them.

Accounting for real estate owners has become more difficult since the pandemic broke out last year as tenants stopped paying rent, rules changed for leases, and unused office space proliferated.

A new book from Hitendra Patil explains how accountants can leverage CAS.

The new SEC chair should prevent high-earning audit partners from being beholden to the managers of the clients whose accounts they scrutinize.

Each year on May 6, those of us in the finance profession recognize management accountants across the globe.

The Financial Accounting Standards Board released a proposed accounting standards update Wednesday to better line up a company’s hedge accounting with its risk management strategies.

The commission said the sports apparel company booked revenues earlier than it should have because it was at risk of missing analyst estimates.

The Center for Audit Quality released an alert Monday discussing the audit considerations surrounding a private company entering the public markets through a merger with a special purpose acquisition company.