Accounting standards

The Governmental Accounting Standards Board released implementation guidance to clarify, explain and elaborate on its GASB statements, using a series of questions and answers.

U.S. audit officials have started a fresh round of inspections of New York-listed Chinese companies in recent weeks as tensions mount between the world's two largest economies.

The U.K.'s Financial Reporting Council published its annual inspection and supervision results of the largest audit firms, and said it found signs of continued improvement.

The International Federation of Accountants released the second installment of its advice for implementing the IAASB's updated standards.

If your ambition is to deliver premium services to your clients, the time to turn the spotlight on client advisory services is this very moment.

At its height, the German landlord had a market cap of €3.4 billion; after a series of scandals, it is now worth just €74 million.

Three former executives engaged in improper revenue recognition practices that inflated the company's earnings.

The professional services firm is freezing pay bands for auditors at the senior associate level.

The seven-country search could plunge the troubled German landlord deeper into crisis.

The board proposed an update to improve the accounting for purchased financial assets, including those acquired in a business combination.

The board wants to address the greater use of technology by auditors, especially when it comes to analyzing information in electronic format.

The board finalized its first two standards on general requirements for disclosure of sustainability-related financial information and climate-related disclosures.

A look at the people who will be shaping sustainability standards.

The new sustainability standard-setter has an ambitious agenda for both the short and the long term.

The resignation is the latest setback for Byju, the once high-flying startup that is embroiled in a tussle with creditors over a $1.2 billion loan.

Joel Black talks about upcoming guidance to help state and local governments as they struggle to maintain enough revenue.

The landlord at the center of a commercial property crisis in Sweden is being investigated by the country's financial watchdog over whether it violated accounting rules.

The commission charged the firm with systemic quality control failures and violations of audit standards, mainly in connection with its audits of SPAC clients.

The Defense Department overstated the value of weapons sent by $2.6 billion in fiscal 2022 and $3.6 billion in fiscal 2023.

The International Financial Reporting Standards Foundation expanded the global reach of the International Sustainability Standards Board by opening an office in Beijing.