Financial reporting

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.

The total value of goodwill impairments recorded by U.S. public companies more than doubled in 2020 during the first year of the COVID-19 pandemic, according to a new study, and the same may happen again this year as geopolitical tensions rise.

The state says it has already uncovered evidence that the Trump Organization used faulty valuations on financial statements to get loans.

The competing sustainability standard-setters have come under increasing pressure in recent years to do more to align their sometimes conflicting standards.

Here’s why it’s important to consider the valuation implications when executing a reverse merger.

From ESG requirements to global tax reform, this handful of developments is worth paying attention to in 2022.

Companies are undoubtedly raising prices. The question is whether they are exploiting a surge in consumer demand or merely passing on their own higher costs.

When companies consist of multiple businesses, it is important to determine whether to prepare a consolidated or combined financial statement detailing each company’s earnings, profits, losses and more.

Female chief financial officers are more likely to give concise responses, backed by numbers, than their male counterparts, new research shows.

ASU 2020-06 simplifies accounting for convertible debt and free-standing equity-linked instruments.

For the former president and his three eldest children, it’s an unwelcome development that amplifies financial pressures enveloping their company, the Trump Organization.