Accounting standards

FASB’s invitation to comment and the duh-preciation elephant

Three former Tesco Plc executives will plead not guilty to allegations of accounting fraud, their lawyers said as the men appeared in a London court for the first time since being charged.

Lee Klumpp of BDO USA talks in this video about what FASB plans to tackle in the next phase of development of the nonprofit accounting standards.

Lee Klumpp of BDO USA discusses in this video how FASB's new accounting standards for not-for-profit organizations will change how nonprofits disclose investment returns and expenses.

The Financial Accounting Standards Board has proposed a set of technical corrections and improvements to its revenue recognition accounting standard.

Lee Klumpp of BDO USA explains in this video how FASB's new nonprofit accounting standards will change how not-for-profits address liquidity.

Lee Klumpp of BDO USA’s Nonprofit Institute for Excellence explains in this video how FASB’s new not-for-profit accounting standards will change how nonprofits classify net assets on their balance sheets.

Three former Tesco Plc executives were charged with fraud and false accounting by the U.K. Serious Fraud Office, after a multi-million dollar shortfall discovered two years ago led to a criminal investigation of the grocer’s finances.

The International Federation of Accountants wants accountant organizations to partner together more widely and share their success stories and best practices.

The Financial Accounting Standards Board proposed improvements Thursday in the accounting guidance for hedging activities.

The Financial Accounting Standards Board has published a draft version of the proposed 2017 U.S. GAAP financial reporting taxonomy, along with the related release notes.

Deloitte reported a revenue increase of 9.5 percent across its international network, for a total of US$36.8 billion in the fiscal year ending May 31, 2016.

Implementation guidance on FASB’s new NFP standards

Ron Baker dives into the new book, "The End of Accounting"

A consultant offers ugly truths and realistic remedies

How can key players in the financial reporting process stay on the good side of non-GAAP use?

Non-GAAP reporting: Yes, it’s bad, but it doesn’t have to be

The Governmental Accounting Standards Board released on exposure draft proposing guidance on extinguishing debt prior to maturity.

Nonprofit organizations and their accountants may want to adopt Financial Accounting Standards Board’s new standard for not-for-profits early before they have to begin adjusting to some of the other new standards coming out from FASB.

PricewaterhouseCoopers has released a quick overview of the Financial Accounting Standards Board’s lease accounting standard.