Accounting standards

The Office of Management and Budget is calling for a major overhaul in how federal agencies conduct financial audits.

PricewaterhouseCoopers LLP named more than 20 new partners in Greater China as the firm seeks to reboot its business following Evergrande collapse.

From an accountant's perspective, the trade deficit isn't a sign of economic weakness. As with any financial flow, there are two sides to the ledger.

Accounting platform Digits announced the launch of Digits Accounting Agents, which CEO Jeff Seibert said can outperform humans in terms of accuracy and speed.

The Public Company Accounting Oversight Board sanctioned the firm Michael T. Studer CPA and Michael Studer for repeat violations related to a 2019 audit.

The Governmental Accounting Standards Board issued questions and answers to help explain certain pronouncements to stakeholders.

The International Accounting Standards Board and its parent, the IFRS Foundation, released guidance on management commentary and climate disclosures.

Chair Joel Black shares what the standard-setter is working on in a tough time for state and local governments.

Grant Thornton Advisors is adding firms in Switzerland/Liechtenstein and the Channel Islands to its multinational platform.

Accounting firms are reporting bigger profits and more clients, according to a new report.

The Public Company Accounting Oversight Board sanctioned Heaton & Co. and one of its partners, Kristofer Heaton, for failing to properly document five audits.

The Securities and Exchange Commission is making plans in case it inherits the Public Company Accounting Oversight Board's duties if the tax bill passes.

The recent announcement of the CIMA/CGMA 2026 syllabus has made it unmistakably clear: Merely knowing how to post journal entries is insufficient.

Students are looking for more than traditional accounting roles — they want to be problem-solvers, advisors and tech-savvy professionals.

The Big Four firm faces an exodus of Hong Kong partners amid the fallout from its audit of Evergrande.

South Africa's case against executives in the biggest corporate fraud in the country's history has been pushed back to September.

Here are three ways accountants can shift from support role to strategic force, helping organizations stay profitable, predictable and well-positioned.

The International Auditing and Assurance Standards Board released information on its new standard, while the International Public Sector Accounting Standards Board has an exposure draft on materiality.