Accounting standards

Sustainability advocates and accountants say the ISSB’s proposals fall short of what’s needed to protect the environment.

... and leads California’s GHJ in offering CAS to clients in a rapidly changing beverage industry

The board's chair, Erica Williams, said the PCAOB is working on updated auditing standards and stricter enforcement and inspections.

Complexity causes the data to be unclear, and even obsolete by the time it is reported.

Regulators from the two countries have been locked in negotiations over granting U.S. auditor watchdogs complete and open access to the audit work papers of about 200 Chinese companies.

The PCAOB is being urged to update older standards more quickly.

When governments outsource efforts, they are bringing in a new set of eyes that can identify risks, compliance issues or human errors.

The International Auditing and Assurance Standards Board plans to bolster the International Sustainability Standards Board’s proposed standards with its own.

The Big Four U.K. firm, one former partner and four former employees faced sanctions over auditing problems at two clients.

One-third of private companies still aren’t fully prepared to switch to the new leases standard.

Selling 75% of its cryptocurrency gave the company a one-time cash infusion, the electric car company said, but the battered value of its remaining Bitcoin also dinged profits.

Client accounting services has been hugely successful as a service offering, but CPA.com's Erik Asgeirsson and Kalil Merhib say firms need to evolve toward the next stage: client advisory services.

The Federal Accounting Standards Advisory Board is looking for volunteers to join a new task force it is forming on climate-related financial reporting.

The board is preparing to launch an updated Accounting Standards Codification platform.

The Institute of Internal Auditors unveiled new research during its annual international conference in Chicago this week pointing to changes in the internal audit profession worldwide.

The clock is ticking to avoid a 2024 deadline for kicking businesses off the NYSE and Nasdaq unless U.S. regulators get full access to inspect their audit work papers.

The push by the city-state’s firms to offer larger paychecks reflects the broader competition for skilled talent in the financial hub.

The Financial Reporting Council said that four of the eight audits reviewed at Mazars and five of 12 audits at BDO required more than limited improvements.

The ESG standard-setter is merging into the recently formed International Sustainability Standards Board.