Accounting standards

The board issued an ASU to ease the guidance for applying the leasing standard to arrangements between entities under common control.

China will strengthen regulations on the CPA sector, a deputy finance minister told Deloitte after the the Big Four firm was hit by a record fine.

A look at challenges and opportunities faced by accounting researchers in contributing to the world of academia and business.

Despite the higher premiums they can charge when operating at capacity, the lack of qualified candidates is spelling trouble for firms who are running on skeleton crews.

Management at the Brazilian retailer told auditor PwC and its audit committee there were no supply-chain financing ops, but gave securities regulators conflicting information.

Slowly but surely, more private businesses are adopting the new standard as they face demands to put their operating leases on their balance sheets.

The board proposes modifying IFRS 9 to deal with assets with environmental, social and governance features, as well as electronic payment systems.

By taking advantage of vertically integrated ecosystems, accounting firms of all sizes can optimize their time on client-facing activities, have more balance, and bring more joy to their work.

Richard Eckstrom told lawmakers he had unintentionally exaggerated the state's cash position by $3.5 billion.

The Ministry of Finance said it found 'serious audit deficiencies' in the Big Four firm's audits of Huarong of troubled bad-debt manager Huarong.

Investors and analysts had complained that the existing disclosures don't offer enough information.

A recent survey has found that while a solid majority of small and midsized businesses want to improve their spend management, few CPA firms offer services to help them.

A marked increase in staffing shortages at auditing firms has resulted in significant setbacks to complete issuers' financial disclosures, S&P said in a report.

Businesses are using environmental credits, allowances and offsets to help meet greenhouse gas reduction targets, but the accounting rules around them are murky at best.

The board is marking a half century of service and received a special proclamation from the mayor of Norwalk, Connecticut, where it is based.

The Big Four firm is pausing its plans to spin off its consulting side as a separate public company as it works to appease warring partner factions.

The board warned investors to exercise caution when it comes to the so-called "proof of reserve" reports that some cryptocurrency companies have been touting.

The ACCA and accounting technology companies are highlighting the roles of women on this day and throughout Women's History Month.

The Big Four firm was hit with a $6.6 million fine by the U.K.'s audit watchdog over serious failures for its work on Babcock International Group's books in 2017 and 2018.

While there's a whole laundry list of bookkeeping bottlenecks that automation can alleviate, these solutions will have the biggest impact.