Accounting standards

The Financial Accounting Standards Board released the proposed 2016 GAAP Financial Reporting Taxonomy for public review and comment Tuesday.

The Governmental Accounting Standards Board decided Tuesday to add a project to its technical agenda to re-examine the financial reporting model for state and local governments.

The Financial Accounting Standards Board has issued a proposed accounting standards update to clarify the implementation guidance on principal versus agent considerations contained in the new revenue recognition standard.

Toshiba Corp. uncovered 10 new cases of accounting problems, including at a U.S. unit, prompting it to miss a regulator’s deadline for submission of its fiscal 2014 earnings release.

While accounting scandals in the Netherlands have not been making a whole lot of headlines in the U.S., they have been generating plenty of controversy at home.

The Governmental Accounting Standards Board has published a new authoritative implementation guide that details comprehensive authoritative implementation guidance that has been cleared by the board for state and local governments.

Last year, the percentage of non-audit fees dropped below 10 percent of the total fees paid to audit firms for the first time since Sarbanes-Oxley, according to a new report.

Tim Gearty of Becker Professional Education describes some of the recent changes in accounting standards that will be confronting CPA candidates on their upcoming exams, in an interview with Accounting Today editor-in-chief Dan Hood.

Tim Gearty of Becker Professional Education discusses some recent changes in accounting standards that CPA Exam candidates should know about before sitting for the test, in an interview with Accounting Today editor-in-chief Dan Hood.

The Governmental Accounting Standards Board said the deadline is approaching for comments on two of its proposed changes in standards for external investment pools and irrevocable split-interest agreements.

The SEC must get out of the way and let FASB tackle its to-do list

The Financial Accounting Standards Board plans to host roundtable meetings to discuss its recent proposed changes in accounting for not-for-profit organizations and health care entities.

Tim Gearty of Becker Professional Education discusses how the CPA Exam is testing for recent accounting standards updates, in an interview with Accounting Today editor-in-chief Dan Hood.

The Public Company Accounting Oversight Board announced that the next meeting of its Investor Advisory Group.

Almost nine in ten audits of broker/dealers examined in 2014 had deficiencies, according to a new Public Company Accounting Oversight Board report, and almost a quarter had independence issues.

The Financial Accounting Foundation has named Candace Wright as the next chair of the Private Company Council.

Last December, based on a recommendation from the Private Company Council, the Financial Accounting Standards Board issued a notable accounting standards update for intangible assets in business combinations.

The American Institute of CPAs' Auditing Standards Board has issued a new exposure draft proposing amendments to the auditing standard on auditor’s reports.

The Governmental Accounting Standards Board has issued final guidance that requires state and local governments for the first time to disclose information about tax abatement agreements.

The Financial Accounting Standards Board has issued an accounting standards update on derivatives and hedging related to electricity contracts.