Accounting standards

International Federation of Accountants CEO Fayezul Choudhury is bringing the influence of accountants to the fore to help solve problems around the world.

FASB recently proposed new guidance on nonprofit accounting for contributions and grants; in this podcast, AICPA associate director and nonprofit expert Chris Cole walks us through what it means.

Thomson Reuters has issued PPC’s Guide to Revenue Recognition, a new publication providing guidance to accountants and their clients on the Financial Accounting Standards Board’s new revenue recognition standard.

The American Institute of CPAs has extended the comment period for its proposed standard for ERISA plan audits for another 150 days.

The Public Company Accounting Oversight Board released a report Friday calling attention to high deficiencies among auditors of brokers and dealers.

The National Association of State Boards of Accountancy has produced a new infographic comparing the numbers for next Monday’s highly anticipated solar eclipse.

Accounting and financial firms and business groups are sending comment letters to the Securities and Exchange Commission ahead of a deadline Friday for approving a new standard from the Public Company Accounting Oversight Board on expanding the scope of audit reports.

PricewaterhouseCoopers LLP was fined 5.1 million pounds ($6.6 million) for misconduct over its audit of RSM Tenon Group Plc in the largest-ever sanction issued by the U.K. accounting regulator.

Members of the Latino Tax Professionals Association now have access to many more resources.

Three international standard-setting boards for auditing, accounting ethics and accounting education issued a new publication Monday in the hopes of making accountants and auditors more skeptical of management assertions.

A checklist for clients who are looking to launch a new business.

SEC Chair Jay Clayton calls for nominees for open board spots.

The United Nations Academic Impact and MLOW provide an example to follow.

Many accounting and finance professionals are in high gear preparing their organizations and clients for the transition.

In early 2015, a previously unknown entity published a series of scathing reports attacking the accounting practices of a Hong Kong commodity trader.

The advice is aimed at helping professional accounting organizations work more effectively with governments and regulators.

Companies like Facebook and Google parent Alphabet are seeing a significant drop in their GAAP tax rate.

The proposed ASU would apply to more than just nonprofit organizations.

The Justice Department has closed an investigation into how the driller accounts for oil and natural gas assets.

Job growth at small businesses continued to slow down last month, although wages are rising, according to a new report from payroll giant Paychex.