Accounting standards

The Governmental Accounting Standards Board is giving state and local governments extra time to implement its new leases standard because of the coronavirus pandemic, and they will need it.

Andreas Barckow was appointed Thursday by the trustees of the IFRS Foundation, as the next chair of the board, succeeding longtime chair Hans Hoogervorst in July 2021.

The board has been making changes to its strategic plans and agenda in response to the pandemic as it sees auditors doing more work remotely.

The first-of-its-kind agreement will help the island nation create a pipeline of future-ready professionals.

What exactly are bots and Botkeeper, and why is this of any interest to accountants?

The International Public Sector Accounting Standards Board has deferred the effective dates of several upcoming standards and amendments amid the COVID-19 pandemic.

The board is postponing the effective date of its long-duration insurance standard for a year and making it easier to adopt it early.

Having started his transition at the beginning of the pandemic, Board Chair Richard Jones now faces the uncertainty of the presidential election and what Congress might do with accounting standards.

The partnership will provide member firms of the international association of independent accounting firms with more resources, tools and thought leadership to grow their business opportunities.

Accountants can make a significant contribution to the economy at the local, national and global levels, according to a new report from the International Federation of Accountants.

Investor awareness of critical audit matters is “still developing,” though, according to the PCAOB's interim analysis.

The update addresses the Reference Rate Reform ASU issued by the Financial Accounting Standards Board in March.

The Financial Accounting Standards Board has released a staff educational paper offering an overview of the accounting guidance for debt restructurings and modifications.

The proposed accounting standards update aims to clarify an issuer’s accounting for certain modifications of equity-classified forwards and options (such as warrants) that remain equity classified after their modification.

The international firm aims to raise its profile with large, multinational clients.

The Big Four firm is opting for continuity in the midst of upheaval.

The American Accounting Association has issued a rare rebuke to Congress criticizing government interference in accounting standards.

The Financial Accounting Standards Board issued a proposed accounting standards update Tuesday to improve three areas of its lease accounting standard.

Boohoo Group Plc, the scandal-hit fast-fashion retailer, may struggle to line up a top-flight audit firm after parting ways with PricewaterhouseCoopers.

The institute is asking the U.S. government to help authorities in Liberia investigate the recent deaths of four government auditors who were looking into possible misappropriation of funds.