Financial reporting

The board wants to give private companies, nonprofits, and certain small public companies extra time to implement new standards on CECL, leases and hedging.

General Electric shares plunged after a prominent whistle-blower working with a short-seller accused the company of masking financial problems.

Both public and private companies are underestimating the challenges of transitioning to the new lease accounting standard, according to a new survey.

In the area of fixed assets and the resultant depreciation there are some major differences between the GAAP rules codified in ASC Topic 360 and the IFRS rules in IAS 16.

Private companies, nonprofits and some smaller public companies will get some extra time to get ready for major accounting standards, under a recent proposal.

Companies have potent tools to quickly improve their financial reporting and make it both faster and more accurate.

The proposed update aims to improve the guidance for both convertible instruments and the derivatives scope exception for contracts in a company’s own equity.

The Financial Accounting Standards Board is aiming to clarify the interaction between two of its earlier standards.

When it comes to corporate transparency, the United States is at a crossroads.

The U.K. retailer reported a surprise tax bill of almost $750 million, the departure of its financial chief and deepening woes at department-store chain House of Fraser.

By the end of this year, as much as $3 trillion in lease liabilities will have landed on the balance sheets of our nation’s public companies.

Despite the many factors beyond a company’s control when going public, management can take steps to prepare for a pricing window and successfully time an IPO.

Despite unprecedented advances in workplace technology, many accounting and finance professionals continue to struggle with highly manual and inefficient month-end close processes.

With the stock market at record highs, more companies are considering going public, but they need to make sure their accounting is in order before they file.

The Global Reporting Initiative has started looking at how the UN's Sustainable Development Goals can influence business reporting and the adoption of new business models.

Beyond the headline changes lurk a number of interesting intricacies.

Grant Halloran takes over from Dave Kellogg, who stepped down earlier this year when Host Analytics was acquired by Vector Capital.

The Financial Accounting Standards Board voted Wednesday to propose to delay some of its major accounting standards — including credit losses, leases, hedging and long-duration insurance contracts — for private companies, nonprofits and small reporting companies.

Lawyers for Donald Trump are in court Friday morning arguing against a subpoena from congressional Democrats seeking financial information from the president’s longtime accountants, Mazars USA LLP.

The embattled National Rifle Association reported some good news this year: Revenue from membership dues jumped 33 percent last year to $170 million. But that picture may not be as rosy as those numbers suggest.