Financial reporting

The Financial Accounting Standards Board has released a proposed 2015 GAAP Financial Reporting Taxonomy for public review and comment, containing computer-readable financial reporting labels coded in Extensible Business Reporting Language, or XBRL.

Awards, surveys and more…

Adding a set of simple sentences to your firm’s engagement letters could go a long way to making your firm safer from lawsuits, a legal expert told accountants at the Midwest Accounting Show.

Many of the biggest concerns for accounting firms in the future relate to people issues, according to Illinois CPA Society president and CEO Todd Shapiro.

New Mexico State University revealed a $15K accounting scholarship courtesy of CliftonLarsonAllen LLP, according to a recent online statement from the school.

Deloitte Analytics has announced a collaborative agreement with the University of Virginia's McIntire School of Commerce, under which it will serve a three-year term as an advisory board member for the school's Center for Business Analytics.

The Financial Accounting Standards Board has issued a new accounting standards update to provide guidance on disclosing uncertainties about a business’s ability to continue as a going concern, while further distancing U.S. GAAP from International Financial Reporting Standards.

The Securities and Exchange Commission has named James Schnurr, a former vice chairman at Deloitte, as chief accountant.

A post-implementation review of an accounting standard for state and local governments on the impairment of capital assets and insurance recoveries found that it provides important information to users, but does not resolve all the issues it was meant to address.

The Securities and Exchange Commission is bringing charges against a telecommunications equipment maker and two of its former executives for improperly recognizing as revenue over a million dollars’ worth of inventory.

Accounting Principals shows where your next job should be

The Accountants Confidence Index got back into sync with an upward tick in July, after the short- and mid-term readings split in June.

BeachFleischman relocates, CAMICO redesigned its website, and more…

AICPA senior VP and COO Tony Pugliese discusses the changes in store for how accountants learn.

The Financial Accounting Standards Board announced that registration is open for its upcoming webcast covering the 2015 GAAP Taxonomy.

The Financial Accounting Standards Board issued a proposed Accounting Standards Update Wednesday intended to simplify the accounting for a customer’s fees paid in a cloud computing arrangement.

Hertz Global Holdings said full-year results will miss the low end of its forecast because of challenges including industrywide vehicle recalls which prevented it from meeting demand and costs related to an accounting review.

The Public Company Accounting Oversight Board has released for public comment a staff consultant paper on standard-setting related to auditing accounting estimates and fair value measurements.

AICPA senior VP Lawson Carmichael discusses the mission and results of the institute's recent Task Force on the Future of Learning.

A post-implementation review conducted by the Financial Accounting Foundation of a 2004 accounting standard on share-based payment transaction said that it achieved its purpose and provides useful information to financial statement users.