Accounting standards

The board is giving companies an overview of some of the key areas it will be looking at during upcoming audit firm inspections.

MoviePass’s parent company hit another bump Tuesday, acknowledging it lost track of how many paying customers the film-subscription service had on its books.

Regulators in some Asian countries are getting tougher on auditors after landmark defaults, in an increasingly high-stakes game as investors call for earlier warning signs amid expectations for debt failures to mount.

The Securities and Exchange Commission has approved the Financial Accounting Standards Board’s 2019 GAAP Financial Reporting Taxonomy, along with the 2019 SEC Reporting Taxonomy, FASB said Tuesday.

Olympus Corp. lost a U.K. lawsuit that tried to block the pension of former head Michael Woodford after he blew the whistle on an alleged $1.7 billion accounting fraud and 13-year cover-up at the firm.

Truth in Accounting wants pension and retirement benefit costs included in state and local government reporting.

The Association of Chartered Certified Accountants is offering a special tribute to its first female member while celebrating the role of women in accounting.

The collaboration with the U.K.-based Chartered Institute of Public Finance and Accountancy provides a pathway to global accounting practice.

The laboratory-testing company facing criticism for its corporate governance, will no longer use an auditor for its Luxembourg subsidiaries who was contemporaneously signing off on the accounts of businesses controlled by the company’s largest shareholder.

The new standard adjusts the way companies account for the production costs of films and episodic content produced for TV and online streaming services.

'Those who look only to the past or present are certain to miss the future.'

The update clarifies some of the disclosure and implementation requirements of the new leasing standard.

Business owners would rather have the same bookkeeper or accountant working with them over time, someone that knows their business.

Deloitte Touche Tohmatsu Limited has designated Sharon Thorne to be the next chair of the firm’s global board of directors, starting in June. She will be the first woman to chair Deloitte’s global board.

The Federal Accounting Standards Advisory Board is looking for input on some proposed changes.

The board posted a proposed guide Thursday, with a set of questions and answers about the new standards.

The country hopes to reverse swelling outflows to international tax havens.

A former vice president and treasurer of the World Bank is taking the helm of the Sustainability Accounting Standards Board.

Berkshire Hathaway posted a $25 billion loss in the fourth quarter, mainly due to a writedown from its stake in Kraft Heinz.

A report that the lender was involved in money laundering is being probed in Denmark over the Estonian dirty-money scandal surrounding Danske Bank.