Accounting standards

Chris Henkel of Moody's Analytics explains in this video how FASB's new financial instruments standard on loan losses might apply to financial institutions of different sizes.

Chris Henkel of Moody's Analytics discusses some of the major features of FASB's new financial instruments standard on accounting for loans.

FASB's current expected credit loss standard represents a major challenge for financial institutions -- and other businesses, too. Moody's Analytics' Chris Henkel discusses what it means.

Combined revenue at member firms increases to $3.2 billion, while the number of partners and staff increased 8.9 percent.

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Working with Nonprofits

Five more misconception find themselves in the crosshairs of Profs. Miller and Bahnson.

The Governmental Accounting Standards Board has published guidance on when liabilities to beneficiaries should be recognized.

The complexity of the new rules means that your clients should start getting ready now -- and you should be helping them.

The Financial Accounting Standards Board recently released a new accounting standards update on consolidation for not-for-profit entities. Lee Klumpp, director in BDO’s Institute for Nonprofit Excellence, discusses the implications for organizations and how they are dealing with the other new rules FASB issued last year for nonprofits.

Gavin Patterson sought to distance himself from an accounting scandal that’s rocked the U.K. phone company, pointing the blame squarely on a few rogue employees and removing the head of European operations.

The Financial Accounting Standards Board has released a new standard that promises to simplify the goodwill impairment test, allowing many companies that don’t already apply the private company accounting alternative for goodwill to skip an extra step.

The firm network achieved total global gross revenues of $3.7 billion in the year ending Dec. 31, 2016.

The American Institute of CPAs has been producing guidance for how different industries can deal with the new rev rec standard that will be taking effect at the end of the year.

International Ethics Standards Board for Accountants finishes the first phase of its project for restructuring the Code of Ethics for Professional Accountants.

Allegations of embezzlement at the telecommunications company’s Italian unit follow disclosure of a 530 million-pound writedown.

FASB's impending standard and a new value-based reimbursement program are forcing health care providers to cope with two changing sets of methodologies at the same time.

Technology protocols, security measures and proper staff training are key.

The Financial Accounting Standards Board has issued a pair of proposed accounting standards updates.

1Malaysia Development Bhd. has tapped Parker Randall almost a year after Deloitte LLP notified the state investment company that it planned to resign.