Accounting standards

COVID-19 doesn’t seem to be having an impact on such disclosures, according to a report from Ernst & Young.

The Financial Accounting Standards Board is offering a practical expedient to the current revenue recognition rules for franchise businesses.

The changes would enhance the transparency of how nonprofits report contributed nonfinancial assets.

The U.K.’s Financial Reporting Council sanctioned Deloitte and two of its former partners for their audits of the software company Autonomy prior to its acquisition by HP and levied a record penalty.

A former FASB chair believes the "revolving door" from firms to regulators and back is good for the capital markets.

Richard Jones is making post-implementation reviews of standards one of his top priorities, and taking a closer look at FASB’s crowded agenda.

Large firms have been reporting revenue increases amid the pandemic.

Ernst & Young is sending letters to clients admitting it failed to uncover fraud at the payment company sooner.

The annual poll gathers input on key performance indicators, management strategies, staffing and financial results from accounting practices across the country.

The Carbon Disclosure Project, the Climate Disclosure Standards Board, the Global Reporting Initiative, the International Integrated Reporting Council and the Sustainability Accounting Standards Board will work on a common set of disclosures.

EY earned a record $37.2 billion in the fiscal year ending June 30.

It doesn’t need to be an oxymoron.

The Public Company Accounting Oversight Board updated its research and standard-setting agendas.

GSX Techedu is the latest case of a U.S.-listed Chinese company facing greater scrutiny on accounting issues amid rising tensions.

An inside look at SAS 142, which aims to help bolster this critical tool in the auditor's toolkit.

The final three months of the fiscal year showed a slowdown due to the impact of coronavirus on clients.

As humanity explores the stars and starts to do business there, it will require significant innovations in accounting, according to Dr. Hank Alewine, associate professor of accounting at the University of Alabama in Huntsville.

Germany’s blame game over Wirecard AG’s collapse is focusing on the question of why authorities failed to take a harder look at the payments company before it became the country’s biggest accounting scandal in living memory.

China is calling for direct talks to solve a years-long dispute that threatens global markets.

The U.S. Treasury Department still has yet to tell companies how to handle President Donald Trump’s order delaying the due date for employee payroll taxes, leaving major employers like Walmart Inc. in the lurch.