Financial reporting

A roundup of the most important news in accounting in the previous month

Grant Thornton CEO Stephen Chipman speaks out on regulation, accounting standards and China

It's time for new thinking on accounting for pensions and OPEBs

Warranty goodwill liability rules need a second look.

Blue Ribbon Panel member David Morgan responds to Ed Kliegman's letter to the editor.

Recent awards, office openings and more from accounting firms across the country.

Top 100 Firm Postlethwaite & Netterville's Melissa Peroyea receives Health Care Leadership Award

The Financial Accounting Foundation has issued its final report on establishing a new Private Company Council that will have the ability to recommend changes in accounting standards for privately held companies.

No one understands your organization as well as you do -- which is why you have to help them navigate it.

Grant Thornton CEO Stephen Chipman discusses major issues in accounting regulation and standard-setting.

CEO Stephen Chipman discusses the major issues facing the accounting profession.

Recent anniversaries, awards and more at accounting firms across the country.

Recent promotions, new hires and more at accounting firms across the country.

The Institute of Management Accountants has thrown its support behind the Financial Accounting Foundation’s plan to establish a Private Company Council to improve the process of setting accounting standards for private companies.

The Professional Accountants in Business Committee of the International Federation of Accountants has proposed guidance to help accountants improve their business reporting processes.

Financial Accounting Foundation president and CEO Terri Polley explained to Accounting Today some of the thinking behind the new Private Company Council that the FAF Board of Trustees voted to create on Wednesday.

The American Institute of CPAs has agreed to lend its support to the new Private Company Council established by the Financial Accounting Foundation after opposing an earlier version proposed by the FAF last year.

The Financial Accounting Foundation’s board of trustees has voted to establish a new Private Company Council that will determine whether exceptions or modifications to U.S. GAAP for privately held companies are necessary.

The New York State Society of CPAs said the Internal Revenue Service should provide safe harbor guidelines for transferring property from one irrevocable trust to another, a process known as a trust decanting.

The Pan African Federation of Accountants has approved a resolution to adopt international accounting and auditing standards.