Accounting standards

The board issued an ASU to improve accounting guidance for arrangements between entities under common control.

A fintech company that handles bookkeeping and accounting operations for small and midsized businesses has acquired a cloud-based bookkeeping service from KPMG.

The dramatic move comes in the wake of an investigation by prosecutors and Italy's market regulator into some of the club's balance sheets regarding alleged false accounting and market manipulation.

That's before a potential break-up of its auditing and consulting divisions takes effect, which could further ramp up a recruitment drive.

Accounting firm KPMG is expanding its Manchester presence with extra tech workers and a revamped office space with meetings at its core.

The next 12 months offer accounting firms lots of changes to rethink how they operate and reposition themselves to be more intentional about growth.

The Financial Accounting Standards Board is proposing a new chapter in its conceptual framework on recognition and derecognition of items in financial statements.

The Public Company Accounting Oversight Board proposed significant changes in the requirements for firms' QC systems, modernizing standards in place for decades.

The two organizations released a joint report on fostering the professionalization of the public finance workforce. 

The International Federation of Accountants named Asmâa Resmouki of Morocco as its first president from the Middle East and Africa and its third female president, to serve a two-year term.

The Top 10 Firm released its empower.x app, which helps facilitate organizational transformations.

The Governmental Accounting Standards Board issued proposed implementation guidance in the form of questions and answers to clarify different pronouncements.

The financial industry veteran will be overseeing the Financial Accounting Standards Board and the Governmental Accounting Standards Board.

A recent study found that when municipal governments are assigned a random auditor, versus one they appoint themselves, financial performance improves.

Joseph Owolabi, a Nigeria-born accountant who now resides in Australia, was named Friday as the association's global president for 2022/2023.

Officials from the two boards discussed their work on upcoming auditing and accounting standards as they adjust to changing agendas and expectations.

In this edition of the Frontier, Gayle Heskiel, COO of Net at Work, talks about the rise of outcome-based pricing and the changes required to get there.

Firms often use questionable accounting techniques to support their emissions claims.

The foundation has named all the members of its new Integrated Reporting and Connectivity Council.