Accounting standards

The International Accounting Standards Board discussed adding new projects to its agenda, along with ongoing work on the equity method and intangible assets.

Audit and advisory leaders are working to implement AI solutions, but major hurdles mean that most professionals remain largely dependent on manual processes.

The Accounting and Auditing Organization for Islamic Financial Institutions is holding talks with stakeholders on planned changes to rules for sukuk securities.

When valuing a company, a valuation analyst can play a critical role in identifying potential fraud risks and assessing whether management has implemented adequate measures.

Safe Harbor, a fintech serving cannabis and hemp operators, launched a platform with bookkeeping, payroll and CFO support.

Plus, TaxDome announces free bookkeeping hub; Qount announces UX/UI redesign; and other accounting tech updates.

The Top 10 Firm agreed to add Grant Thornton Brazil to its multinational platform, extending its reach into Latin America.

The Financial Accounting Standards Board aims to improve the accounting for purchased loans as it confronts a potential threat from House Republicans.

The acting chair of the Public Company Accounting Oversight Board outlines his vision for defining audit quality, highlights private equity concerns, and calls for AI guardrails.

The American Institute of CPAs and state societies want to introduce high school students to the accounting profession, as FASB and GASB target university graduates.

Accounting and bookkeeping solutions provider Digits announced the official launch of an AI Bank Reconciliations feature for its Agentic General Ledger solution.

The International Sustainability Standards Board plans to take on the activities of the Taskforce on Nature-related Financial Disclosures.

The Top 10 Firm agreed to add Grant Thornton Poland to its multinational platform, expanding its presence in Europe.

The International Accounting Standards Board is facing the prospect of a substantial deficit estimated at £5 million ($6.5 million).

The month-end close is an artifact of batch-processing constraints that disappeared over a decade ago.

Grant Thornton Advisors is adding Grant Thornton New Zealand to its multinational platform, extending its reach into the Asia Pacific region.

The International Accounting Standards Board and the International Sustainability Standards Board are developing standards for rate-regulated activities and carbon.

Digits API allows computers to connect directly with the company's Autonomous General Ledger system without needing custom integrations.

The International Federation of Accountants is teaming with the International Bar Association to combat money laundering, while signing a pact with audit groups.

The German maker of packaging for medicines and cosmetics said it is "more likely to assume" it failed to properly recognize sales during the 2024 fiscal year. .