Accounting standards

'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.

The Big Four firm is seeing signs of trouble ahead for companies, despite the strong economy in the U.S. right now.

The ratings agency is putting the spotlight on accounting in the first of a series of reports.

The North Carolina-based CPA firm is partnering with the financial technology provider to offer client accounting services to dentists.

The companies are giving their customers access to both Chargebee’s subscription billing system and Softrax’s Revenue Manager revenue recognition software.

Firms are now diversifying their offerings with additional services that support clients throughout their lifecycle.

QuickBooks will actually increase the market for bookkeepers.

The Financial Accounting Standards Board issued a proposed accounting standards update Thursday on the recognition and measurement of deferred revenue in business combinations.

The bakery chain was rescued by an Irish private-equity firm after an accounting scandal pushed the U.K. cake baker into insolvency.

Deloitte’s member firm in Japan, Deloitte Touche Tohmatsu LLC, is paying a $2 million settlement to the U.S. Securities and Exchange Commission to resolve charges that it issued audit reports for a client at the same time dozens of its employees had bank accounts at a subsidiary of the client.

The blogosphere fires have been stoked by what seemed to be a new live bookkeeping service from QuickBooks.