Accounting standards

Four recent actions gave me insights into the changing business models of the accounting business.

The new standard promises to give accountants a leg up in providing litigation support services.

To ensure entities have reliable and proper historical data accumulated when they implement CECL, they should start start cleaning up their data.

A rule requiring audit firms to disclose the names of engagement partners who participated in an audit may not be having much of an impact on audit quality.

The initial batch of audit reports for large accelerated filers describing critical audit matters don’t necessarily provide a whole lot of illuminating information.

Only 26.3 percent of public company execs say their implementation of the lease accounting standard is complete, according to a new survey by Deloitte.

Small banks are likely to benefit from the proposed delay, allowing them to learn the lessons from larger banks that have already begun using the new rules.

The board is amending its guidance for determining whether debt should be classified as a current or noncurrent liability in a classified balance sheet, in response to input from private companies.

The deadline is approaching soon for many businesses to file their reports on unclaimed property, and now they might want to include lost bitcoins and forgotten cryptocurrency passwords.

Pilot tests at public companies suggest the new reporting requirements may take more time than expected.

The firm reported its 10th consecutive year of worldwide growth, with revenue increasing $3 billion over the previous fiscal year.

The document can help auditors with the allowance for credit losses under the new standard for measuring credit losses on financial statements.

Two firm networks are shortening their names, adopting the brands Moore North America and Andersen.

The second half of a virtual roundtable on one of the fastest-growing services in accounting.

Three firms share their experiences with different payroll providers.

The Federal Accounting Standards Advisory Board staff released an exposure draft of a technical bulletin that would clarify the existing standards for loss allowances.

Banks are making the transition from the London Interbank Offered Rate to new reference rates for short-term loans.

The Big 4 firm reported a record level of revenue across its international network of firms.

The end of the deal could delay the exit of its current owner, Hg.

Will spreadsheets help in implementing the new lease standard?