Accounting standards

The total amount of goodwill impairment recorded by U.S. public companies climbed 23 percent last year, reaching $35.1 billion.

Section 404(b) of the Sarbanes-Oxley Act of 2002, which requires public companies to undergo annual audits of the adequacy of their internal controls over financial reporting, appears to be supported by investors who want newly acquired companies to be audited as well, according to a new study.

The ASU would extend private company alternatives to NFPs.

The client collapsed after it was discovered to have $100 million in unpaid payroll tax liabilities.

The updates will be effective for audits of financial statements for fiscal years ending on or after Dec. 15, 2020.

The International Auditing and Assurance Standards Board has called for qualified, senior applicants from around the world to apply by Jan. 31, 2019.

The Public Company Accounting Oversight Board has been pilot testing its upcoming requirements for auditors.

The U.K. Competition and Markets Authority's proposals should succeed in improving the quality of scrutiny while acknowledging a major conflict of interest in auditing.

A proposed ASU would help with the implementation of the new standard on leasing.

If you're wondering how it's different from what you've always done, you're not alone.

The Financial Accounting Standards Board has made available the 2019 GAAP Financial Reporting Taxonomy and the 2019 SEC Reporting Taxonomy.

Regulators’ proposals fall short of requiring full breakup, but would separate audit operationally.

The SaaS-focused reporting and analytics platform automates ASC 606 and IFRS 15 compliant recognition.

Megan Zietsman will assume her role with the Public Company Accounting Oversight Board in early 2019.

The draft reporting standard aims to provide more transparency around corporate tax payments.

The proposal includes prohibitions on providing legal opinions and performing certain services for a contingent fee.

Revenues at the international accounting firm network increased 7.1 percent to reach a record amount for the fiscal year ending Sept. 30, 2018.

The publication contains five key components and addresses the impact of artificial intelligence and robot process automation.

Hiring shortfalls and disruptive technologies will be among the main topics of discussion in boardrooms in 2019.

The international accounting firm network reported a 10.7 percent increase for the fiscal year ending Sept. 30, 2018.