Accounting standards

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.

Despite a ruling that said the firm didn't follow due process in firing him, it is determined to take action against a partner and others involved in a leaking scandal.

Most of your clients need added services. Your ability to capture those revenues will depend on your ability to show the client the value they will receive.

The board continues its aggressive approach to oversight, announcing several hundreds of thousands of dollars in penalties on several auditors in a single week.

The head of the board views the recently proposed standard for sustainability reporting assurance as a way to make those reports more verifiable.

The move may heighten concerns about accounting quality at the Indian conglomerate targeted by short seller Hindenburg Research.

Several prominent trade groups are objecting to the board's proposed changes in auditing standards related to noncompliance with laws and regulations.

The Chartered Institute of Management Accountants and the Chartered Professional Accountants of Canada signed a memorandum of understanding.

The board is looking for nominations for new members of its Investor Advisory Group and its Standards and Emerging Issues Advisory Group.

The disclosures that companies make about their green credentials will be evaluated by new global audit standards that are expected to be finalized by the end of next year.