Accounting standards

In response to demand from investors, public companies will be required to disclose more information about certain expenses in the notes to financial statements.

The International Public Sector Accounting Standards Board released a draft version of a sustainability reporting standard for use by governments around the world.

Whenever MicroStrategy implements a new accounting rule, and values its crypto assets at market value at the end of each reporting period, that could trigger a major cash tax obligation.

The proposed ASU would set more consistent requirements for determining the acquirer when a transaction is achieved by exchanging equity interests.

A proposed ASU would update the guidance on accounting for software, specifically when it comes to developing software for internal use.

Questions have been raised about how Crowdstrike accounted for the deal in its financial statements.

Erica Williams, who began her first term in January 2022, will now helm the Public Company Accounting Oversight Board through Oct. 24, 2029.

The International Public Sector Accounting Standards Board today issued Exposure Draft 92, Tangible Natural Resources.

Intuit announced the launch of the new ProAdvisor Academy, an expansion of the QuickBooks ProAdvisor Program which offers new training, certifications and badges.

The global professional services firm founded by a group of former Arthur Andersen partners has attracted influential economists to its advisory board.

The Public Company Accounting Oversight Board posted a practice aid, comparison document and webinar related to the implementation of QC 1000.

Companies often face the tricky task of producing privileged and confidential information to their independent auditors for audit purposes.

The American Institute of CPAs teamed up with the National Association of State Auditors, Comptrollers and Treasurers on a joint report calling attention to the urgent need for accountants in state and local governments.

The Financial Accounting Standards Board has decided to tweak some of its standards related to contract assets and liabilities for construction contractors.

The International Public Sector Accounting Standards Board issued its updated five-year strategy and work program.

The Governmental Accounting Standards Board's Statement No. 104 requires separate disclosures for certain types of capital assets.

The PCAOB's aggressive enforcement agenda overshadows the profession's achievements.

Allowing for regulatory approvals and other hurdles, the two firms hope to become a single firm by the end of 2025.

The Governmental Accounting Standards Board is considering changes in the financial reporting rules for infrastructure assets and is looking for feedback.

Ben la Grange, whose official sentence is 10 years, won some leniency for cooperating with investigators.