Accounting standards

The company has suspended contracts with about 60 suppliers, launched internal audits, and has put its U.S. head of procurement on leave.

The Center for Audit Quality is working to convince the board to water down a proposed update telling auditors to be on the lookout for fraud and other signs of noncompliance.

The International Auditing and Assurance Standards Board proposed new rules for providing outside assurance on a company's sustainability reporting efforts.

In this week's vendor spotlight, we talk lease administration and management with Robert Michlewicz, CEO of Visual Lease.

Economic confidence among accountants in North America grew in the second quarter, but declined in other parts of the world.

Ensure compliance with FASB guidelines and build business confidence.

The board proposed an ASU Monday to give investors more information about a company's expenses.

New research from Accounting Today offers a clear picture of the evolution of client accounting/advisory services practices.

The European Commission adopted the European Sustainability Reporting Standards on Monday; they will take effect in 2024.

Tens of thousands of companies operating in Europe face new requirements to report their operations' climate impact.

Even as CAS becomes a core service of the accounting profession, it is changing its focus from handling back-office functions to deepening client relationships with business critical advice and insights.

A majority of an industry working group voted to exclude two-thirds of the emissions linked to their capital markets businesses. The accounting standard won't be mandatory.

The board disciplined five auditing firms for violating its rules and standards when communicating with audit committees.

The Financial Accounting Foundation is looking for candidates to join the council that advises FASB.

Steinhoff, the former owner of Mattress Firm in the U.S., has been battling to survive ever since auditors refused to sign off on its financials.

In this week's Vendor Spotlight, we talk to Irana Wasti, chief product officer at payment and bookkeeping solutions provider Bill.

Forvis added Thales Consulting; and RSM South Africa merged in Ngubane Johannesburg.

The International Organization of Securities Commissions officially approved sustainability and climate disclosure standards from the International Sustainability Standards Board.

A bookkeeper reportedly stole from her employer in an effort to retain the affections of her estranged boyfriend.

The Association of International Certified Professional Accountants unveiled a new educational report on climate resilience, the fourth in a series.