Accounting standards

Ernst & Young saw one of the biggest revenue increases in its history despite the cancellation of its plan to spin off its consulting practice.

The Securities and Exchange Commission charged the former national assurance services leader at Marcum LLP with failing to address and remediate a number of deficiencies in the New York-based auditing firm's quality controls.

Future of contactless prep; reverse convenience; importance of the invoice; and other highlights from our favorite tax bloggers.

Britain's accountants, auditors and advisers are clinging to their jobs, nervous that their negotiating power has sharply dropped.

The board wants to improve the guidance for the management's discussion and analysis section of reports by federal agencies.

The board added a project to deal with issues related to subsequent events for state and local governments.

Revenue from consulting services grew at the fastest pace at 19.1%, followed by risk advisory, and audit and assurance.

The Financial Accounting Standards Board voted to adopt its eagerly awaited standard for cryptocurrency like bitcoin held by companies.

Miguel Gutierrez argues he had nothing to do with the attempt to manipulate the retailer's financial accounts that led to a massive accounting scandal.

The institute's Auditing Standards Board issued an exposure draft for some proposed changes in the attestation standards for quality management and is asking for comments.

The International Federation of Accountants issued a call to action to the G20 finance leaders urging them to focus more on sustainability as a way to achieve the United Nations' Sustainable Development Goals.

The Financial Accounting Standards Board released another chapter of its conceptual framework related to the recognition and derecognition of an item in financial statements.

These are the first sanctions ever against a firm over independence violations because it's a member of an alliance where another firm did work for the same client.

In an era where technological advancements redefine our day-to-day activities, artificial intelligence and machine learning have emerged as transformative forces in various sectors.

The board finalized a new standard aimed at providing more useful information on a venture's financial statements and curbing differences in reporting practice.

To successfully navigate day two and beyond with lease contracts, organizations must move past manual processes and spreadsheets and instead implement lease accounting software solutions.

Nearly half of respondents plan to change jobs in the next year, and 71% intend to move on within two years.

Client accounting services come in all shapes and sizes, depending on what clients want and need.

These five steps can help both budding and established practices go further, faster.

Two major sets of changes are on their way, plus the board has released amendments regarding reporting on currencies that can't be exchanged.