Accounting standards

The Governmental Accounting Standards Board released a pair of implementation guides with questions and answers explaining several GASB standards.

The module is designed to help businesses accurately calculate revenue and expenses in the period it is earned.

A French firm that claimed the Arthur Andersen name has lost a legal ruling in India against Andersen Tax, a few weeks after another setback in the U.S.

The Public Company Accounting Oversight Board is seeing signs of progress on audit quality in its inspections.

The American Institute of CPAs’ Financial Reporting Committee has released a new working draft on how telecommunications companies can deal with an issue related to the new revenue recognition standard.

The Association of Chartered Certified Accountants welcomed top officials from some of the world’s leading accounting organizations to an event highlighting the growing importance of integrated reporting.

The IFRS Foundation, the group that oversees the International Accounting Standards Board and its work on International Financial Reporting Standards, issued its annual report for 2016 on Tuesday, with a look ahead at where global standards are expected to go this year.

Mandatory change of auditing firms and engagement partners doesn’t necessarily foster greater professional skepticism, according to new research.

Now that the political battles of the 1990s are past, FASB should be able to correct these deficient practices.

The International Accounting Standards Board has proposed a set of minor amendments to the financial instruments standard to make it easier to implement.

The Public Company Accounting Oversight Board announced six settled actions against non-U.S. accounting firms late last month for failure to report certain disciplinary or regulatory actions against them in their home country.

The U.S. offices of a recently relaunched Arthur Andersen network have shut down as part of a legal settlement with one of the firms to resolve trademark infringement claims by Andersen Tax.

A gold industry trade group is looking to set up a common financial reporting framework for the lucrative commodity.

The American Institute of CPAs is toughening the rules after a critical report from the Labor Department about the quality of ERISA audits.

The former Microsoft CEO has launched a new organization to share data about the U.S.

Nominations for the Private Company Council are due by April 24.

The latest version accounts for upcoming changes in accounting standards and PCAOB rules.

The international board is seeking input on accounting for some of the world's most precious assets.

The Government Accountability Offices is asking for feedback on a set of proposed changes to Government Auditing Standards, commonly known as the Yellow Book, the first revision since 2011.

The American Institute of CPAs’ Financial Reporting Executive Committee has issued 11 new working drafts to help four different industries deal with the upcoming revenue recognition accounting standard.