Financial reporting

Officials from the Financial Accounting Standards Board and the International Accounting Standards Board spoke about the path forward on harmonizing U.S. GAAP with International Financial Reporting Standards as the two boards near the end of their convergence efforts.

Last Wednesday, EY held their Diverse Abilities Leadership Summit at their Times Square office. The event was held to promote awareness and acceptance of people with differing abilities, and to "create opportunities for people of all abilities and the businesses which employ them," according to the event's program.

Securities and Exchange Commission officials told CPAs Monday that they are considering allowing U.S. companies to provide some information, such as revenue, in International Financial Reporting Standards as a supplement to their U.S. GAAP financials on a voluntary basis.

Nearly four out of five CPAs in public accounting believe they will play a key role in preparing their clients for complex challenges in the decade ahead but realize they must understand and embrace emerging innovations, according to a new study commissioned by CPA.com, the technology and business arm of the American Institute of CPAs

Check out the digital edition of the December 2014 issue of Accounting Today.

The International Ethics Standards Board for Accountants has introduced a Web-based version of its Code of Ethics for Professional Accountants for the first time.

CPE opportunities, Andersen Tax new office and more…

The Financial Accounting Foundation and the two standard-setting boards it oversees, the Financial Accounting Standards Board and the Governmental Accounting Standards Board, have created a draft strategic plan of their vision, mission and top priorities, and are asking for comments.

On Thursday, Thomson Reuters released a special report, Retrospective on Key Tax Developments in 2014, providing a thorough briefing of key developments in 2014, including the tax extender provisions as well as many of the rates, dollar caps, and other key figures that changed over the course of the year.

The International Accounting Standards Board has launched a new program in tandem with some of the largest financial firms in a bid to elicit closer ties with investors and investment firms.

Your peers' predictions for the next year in accounting

BDO said Monday that its network of member firms around the world achieved $7.02 billion in revenue for the fiscal year ended Sept. 30, 2014, an increase of 8.8 percent from last year.

The AICPA releases new diversity tools.

How to make sure your firm isn't stuck in the past.

Financial reporting has been largely stagnant over the last hundred years.

New tools and approaches underscore the urgency of the accounting profession's bid to diversify itself.

There are two things you can't get anywhere except at a meeting of your fellow professionals

The challenge in today's workplace is catering to the egos of those who aren't credentialed.

Kovel agreements can help you protect clients' confidential information.

It's time to extinguish office disasters before they get out of control.