Accounting standards

The Financial Accounting Standards Board issued a report summarizing the feedback it received last year on the projects it should pursue in the future.

The Big Four firm admitted that dozens of its audit personnel cheated on the ethics portion of the exam, and that it misled regulators probing the misconduct.

The group is urging CFOs and other finance leaders to improve the quality of sustainability information and processes by championing an “integrated mindset.”

There are several ways to get started in offering CAS to clients.

The chemical and automotive fluid manufacturer will realign its business units in the wake of a bookkeeping investigation triggered by whistleblowers.

The board adopted a set of amendments to strengthen the rules that apply to audits involving multiple audit firms.

Cash flow management is an indispensable aspect of any business looking to achieve success and profitability; however, many small business owners have very little cash on hand.

There’s a standoff brewing between European lawmakers and the Big Four as they try to lay claim to an ESG market that may generate fees of as much as $8 billion a year.

An inside look at the what, why, and how of client advisory services.

The Sustainability Accounting Standards Board held its final public meeting Wednesday ahead of the consolidation of its parent organization, the Value Reporting Foundation, into the International Sustainability Standards Board by the end of June.

The board has decided to set aside a long-running project that would have required companies to amortize goodwill on a straight-line basis over 10 to 25 years.

The technology arm of the AICPA is seeking participation in its newly opened survey of client advisory services providers.

The Governmental Accounting Standards Board released new guidance to provide a unified accounting treatment for compensated absences of state and local government employees and simplify the disclosure work.

Ernst & Young plans to invest $1 billion in next-generation assurance technology for its audit teams around the world to leverage as part of an overall $2.5 billion four-year commitment.

Effective June 7, isolation of Russia includes sanctions prohibiting U.S. accounting firms — even U.S. firms operating from offices overseas — from providing a variety of services to Russian individuals and entities.

The Financial Accounting Standards Board is asking its stakeholders to provide feedback on whether it should work on a new standard to account for government grants while building on an existing international standard.

The board released guidance Monday to improve the accounting and financial reporting requirements for state and local governments.

Deloitte is denying a report this week that it plans to spin off its audit practice as a separate entity from its consulting practice as rival Big Four firm Ernst & Young contemplates such a move.

The International Federation of Accountants signed a memorandum of understanding to support efforts to improve financial transparency, accountability and anti-corruption efforts in the public health sector around the world.

The profession needs to leverage both its unrivaled reputation for trustworthiness and its creativity and entrepreneurial spirit, say leaders at the AICPA.