Accounting standards

Robert Pozen suggests an alternative to audit firm rotation

Fitch Ratings said that two recently released pension accounting and financial reporting standards from the Governmental Accounting Standards Board are generally positive for state and local governments.

The Financial Accounting Standards Board has proposed new standards to require companies to provide better disclosures of their liquidity and interest rate risks, as part of FASB’s financial instruments project.

The Maryland Association of CPAs launched its new Center for Transparency, Performance, Management and Accountability using XBRL (TPMAx), with a special XBRL Thought Leader Symposium today.

The Governmental Accounting Standards Board voted Monday to approve two new standards to improve the accounting and financial reporting of public employee pensions by state and local governments.

The International Auditing and Assurance Standards Board has issued a new document outlining a possible approach to an improved auditor’s reporting model, while inviting the public to comment.

The diversity of cars, motorcycles, vans and commercial trucks on the roads reminded me how logical it is that states require different levels of testing to become a licensed driver of different kinds of automobiles.

The Financial Accounting Standards Board and the International Accounting Standards Board said Wednesday they have agreed on an approach for accounting for lease expenses.

AICPA’s president and CEO Barry Melancon and chair Greg Anton offer an update on professional issues at annual conference

The Financial Accounting Standards Board intends to issue a discussion paper in the next few weeks to solicit feedback on the disclosure framework it has been preparing, followed by roundtable meetings and workshops later this year to talk with financial statement preparers and users.

The pressing question seems to be not “if” a company will transition to International Financial Reporting Standards, but rather “when.”

Final statements and certain other pronouncements issued by the Governmental Accounting Standards Board will now be available for downloading at no cost on the GASB Web site.

The latest developments in accounting and auditing

Our exclusive interview with the newest member of the Public Company Accounting Oversight Board, Jeanette Franzel.

Grant Thornton CEO Stephen Chipman speaks out on regulation, accounting standards and China

It's time for new thinking on accounting for pensions and OPEBs

Warranty goodwill liability rules need a second look.

Blue Ribbon Panel member David Morgan responds to Ed Kliegman's letter to the editor.

Top 100 Firm Postlethwaite & Netterville's Melissa Peroyea receives Health Care Leadership Award

Grant Thornton CEO Stephen Chipman discusses major issues in accounting regulation and standard-setting.