Accounting standards

Fayezul Choudhury, CEO of the International Federation of Accountants, discusses how IFAC is helping emerging economies develop their associations for accountants.

SASB’s Jean Rogers discusses the board’s coming set of standards.

Two alerts spotlight some potential risks facing firms during the 2017 audit cycle.

The elimination of Step 2 in FASB's goodwill impairment test may result in more frequent reporting of impairment, as well as a change in the magnitude of the impairment charge.

KPMG LLP’s South African unit appointed nine new executives in an attempt to restore trust in the auditing firm as clients continued to distance themselves over its involvement with the politically connected Gupta family.

A staff alert highlights the board’s requirements for auditors, among other things.

An internal probe found that mistakes in two high-profile engagements did not run throughout its business.

The report is part of IASB’s better communication in financial reporting initiative.

PricewaterhouseCoopers reported 7 percent revenue growth worldwide Wednesday for fiscal year 2017, reaching a record $37.7 billion.

This brings the number of hand-picked app partners to 11.

The Financial Accounting Standards Board published a proposed accounting standards update Tuesday to clarify and get rid of some specific inconsistencies in key parts of GAAP.

South Africa’s auditing regulator said KPMG LLP’s local unit hasn’t fully cooperated with the body’s investigations into work done for the Gupta family, who are alleged to have used political connections to win state contracts.

In the first of a series of articles, Profs. Miller and Bahnson explore a new paradigm for corporate reporting.

Paul Becht, a partner at Top 100 Firm Margolin, Winer & Evens, discusses FASB’s new leasing standard and how it will affect the real estate industry and other sectors.

KPMG International has chosen Bill Thomas as chairman of the global network for a four-year term, succeeding John Veihmeyer, who is retiring after completing his term.

The collection includes and audit, performance and accounting standards checklist software.

The Public Company Accounting Oversight Board wants to hear more comments about a proposal to strengthen its existing requirements for a lead auditor's use of other auditors and impose a more uniform approach.

The Financial Accounting Standards Board has a proposed accounting standards update to clarify how to apply its new lease accounting standard to land easements.

The Big Four network will examine its local member's work in certain engagements, as well as its entire client roster.

The Big Four firm's involvement with a wealthy family is putting it under pressure.