Accounting standards

The International Public Sector Accounting Standards Board has established a consultative group that will offer advice to the board on setting financial reporting standards for government entities.

The Financial Accounting Foundation, the parent organization of the Financial Accounting Standards Board, the Governmental Accounting Standards Board and the Private Company Council, has elected Charles H. Noski as its new chairman, succeeding Jeffrey J. Diermeier, whose term ends on December 31.

The Private Company Council is calling for the removal of the effective dates of four accounting standards updates.

A new international survey ranks Zurich, Switzerland as the highest-paying city for accountants, with another Swiss city, Geneva, in second place.

The Financial Accounting Standards Board has issued a proposed accounting standards update to improve the effectiveness of the disclosure requirements for fair value measurements.

The Year Ahead: 2016 Toolkit

The Sustainability Accounting Standards Board released an implementation guide Tuesday to help public companies in the U.S. identify, understand and report on the sustainability topics most likely to be material to investors.

5 firms share their experiences with outsourced accounting services

Building mutually beneficial strategic partnerships with capital markets

The International Financial Reporting Standards Foundation, which oversees the International Accounting Standards Board, is forming a joint working group with the Chinese Ministry of Finance to explore ways to advance the use of IFRS within China, especially for internationally oriented Chinese companies.

CEOs of several major accounting organizations around the world have signed an open letter urging world leaders to agree on reducing carbon emissions.

The Financial Accounting Standards Board has issued a proposed accounting standards update to clarify the definition of a business in an effort to improve financial reporting of acquisitions of nonfinancial assets.

The Financial Accounting Standards Board has issued an accounting standards update to improve how deferred taxes are classified on the balance sheet.

Accounting and financial reporting standards for state and local governments that address nonexchange transactions achieved their purpose, according to a new report.

The Financial Accounting Foundation's board of trustees has decided to overhaul some of the procedures for the Private Company Council, which provides input to the Financial Accounting Standards Board on issues relating to privately held companies.

Securities and Exchange Commission chief accountant James Schnurr indicated Tuesday that he plans to recommend to SEC chair Mary Jo White that U.S. companies be allowed to use International Financial Reporting Standards to provide supplemental information, in addition to filing their financials in accordance with U.S. GAAP.

Public company audits are improving, according to Securities and Exchange Commission Chief Accountant James Schnurr -- and they need to keep on doing so.

Financial Accounting Standards Board chairman Russell Golden and technical director Susan Cosper discussed FASB’s upcoming leasing, classification, impairment and hedge accounting standards during a conference in New York, along with the board’s plans for future standards.

The Financial Accounting Standards Board has issued a proposed accounting standards update to increase transparency about government assistance to businesses.

Don’t expect to find these rarely seen accounting movies on Netflix or TCM. They never won more than a cult following, much less an Academy Award, perhaps because of an unfortunate resemblance to previous Oscar winners.