Accounting standards

Technology is critical to the changes in this core service -- but so are people.

The former head of the scandal-scarred retailer blames fellow executives and auditing firms for his company's near collapse.

The new guidance aims to clarify how to account for a state or local government’s stake in an organization that stays legally separate after it’s acquired.

A recent survey identifies several areas where biz owners could use some professional advice.

The incoming chair of the AICPA PCPS Technical Issues Committee on how CPAs need to get their voices heard in the standard-setting process.

President Trump’s recent tweet suggesting the SEC rethink the requirement for public companies to report their results quarterly has ignited a debate about this topic.

The Financial Accounting Standards Board released an accounting standards update Wednesday aimed at decreasing the complexity of accounting for costs of implementing a cloud computing service arrangement.

The International Federation of Accountants is outlining some possible ways forward to resolve a disagreement with the Monitoring Group of financial regulators over the standard-setting process for global auditing and accounting education.

The International Accounting Standards Board is considering changes in how to account for goodwill under International Financial Reporting Standards, perhaps reintroducing goodwill amortization.

The retailer's former chief financial officer pointed the finger at ex-CEO Markus Jooste and auditors including Deloitte for the company’s accounting scandal.

U.S. businesses face great risk in expansion to APAC without securing local knowledge and expertise to help comply with the region’s complex tax and compliance regulatory framework.

The Financial Accounting Standards Board made two changes to its conceptual framework and released a pair of accounting standards updates aimed at making disclosures in notes to financial statements more effective.

The retailer's former chief, Markus Jooste, has agreed to appear at a hearing next week in South Africa, provided it's not about his company's accounting scandal.

As Noble Group’s troubles mounted, the role of Singapore’s regulators has come under scrutiny.

The Financial Accounting Standards Board’s proposed changes to the credit loss standard promise to help private banks and credit unions deal with the transition on a more comfortable timeline.

Bankers preparing for the Financial Accounting Standards Board’s new current expected credit loss model have many questions about implementation.

PwC surveyed how public and private companies are handling the revenue recognition standard.

The Internal Revenue Service issued a revenue procedure Wednesday providing information on how companies can change their method of accounting if they have switched from being an S corporation to a C corporation in response to the Tax Cuts and Jobs Act.

In an unusual event for an outsourced financial services firm, Consero earns a significant cash infusion from BV Investment Partners.