Financial reporting

The proposed update aims to improve the accounting and disclosures for investments in tax credit structures.

Also FinancialForce's Summer 2022 release introduces "services-as-a-business" approach; and other news from the accounting technology world.

The provisions are likely to change the tax planning used by the largest companies and their accounting firms.

The Financial Accounting Standards Board is considering changes in the transition requirements for its long-duration insurance standard.

Focusing on the right key performance indicators enables a business to home in on the metrics that benefit it the most.

Former President Donald Trump must hand over financial records to a Congressional committee investigating his potential conflicts of interests.

The ASU aims to increase the comparability of financial information across reporting entities that have investments in certain equity securities.

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

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 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.

Errors and misstatements were headed down, according to a report from Audit Analytics, but instead they hit a 15-year high.

Sen. Ron Wyden asked for more information about the firm's disclaimer that a decade’s worth of financial statements should no longer be considered reliable.

Organizations need to be ready to face these five challenges to environment, social and governance disclosures.

Columnist emeritus Paul Miller returns for another installment of “The Spirit of Accounting” to ask if standard-setting should be taken out of accountants’ hands.

The board voted to add a project to improve the accounting for and disclosure of certain digital assets, such as cryptocurrency.

New rules make the accounting easier, but traps remain for awards that are not carefully structured. Don’t procrastinate.

Many companies report adjusted, “non-GAAP” earnings, but some companies take it a step further.

A former Domino’s accountant settled charges that used confidential information to trade ahead of the company’s earnings announcements.

Accounting-related securities class-action lawsuits filings and settlements declined sharply last year, reversing a three-year trend.