Accounting standards

Milan prosecutors say former executives at BT Group were aware its Italian unit hid losses and inflated revenue by producing fictitious invoices.

The International Auditing and Assurance Standards Board has issued a trio of proposed standards to improve the quality of audits, reviews and related assurance service engagements at firms.

Phillips has been recruited to provide guidance on recruiting qualified accounting and bookkeeping staff with modern skill sets.

The German online payments firm Wirecard AG has seen its stock plunge by more than a third in recent days on reports of accounting misdeeds.

In his 17 years as chief executive officer of Germany’s Wirecard AG, Markus Braun has gained plenty of experience fighting off skeptics and critics.

The Financial Accounting Standards Board hopes to simplify the move to the new credit loss rules by offering an option to measure certain assets at fair value.

The Association of Chartered Certified Accountants is partnering with the International Federation of Accountants on videos and case studies

Most organizations are using manual workarounds to comply with the new rev rec standard, according to a survey by Ernst & Young.

The Financial Accounting Standards Board held a roundtable discussion on its new credit losses standard, with some mid-tier banks asking it to reconsider.

GT's new group arrives only a week after Ernst & Young made a similar move.

The Public Company Accounting Oversight Board's 2017 report on the Big Four firm shows a number of continuing deficiencies.

The new accounting rules and the explosion in online sales are prompting merchants to change the time at which e-commerce revenue is recognized.

What accountants, controllers and CFOs should keep an eye on this year, based on discussions with peers in different areas of technology and business.

EY will get advice from luminaries from the Public Company Accounting Oversight Board, the Financial Accounting Foundation and Vanguard.

The costs of shows on broadcast and cable television, along with streaming services, could be affected by the changes.

The grocer's former chief financial officer was acquitted of fraud charges, drawing into question the prosecutor’s methods.

The sale comes at a time when accounting software providers are bolstering their payroll capabilities.

The global managing partner of client service at Ernst & Young will be succeeding Mark Weinberger, effective July 1, 2019.

The company is now focusing on CECL and ALLL technology for community banks after being acquired by Accel-KKR.