Financial reporting

Luca Pacioli’s groundbreaking text on bookkeeping, accounting and mathematics sold for $1,215,000 at an auction Wednesday at Christie’s in New York.

The president’s personal lawyers told the court it must reverse a judge’s ruling allowing the House Oversight and Reform Committee to subpoena financial records from his accounting firm.

Clawbacks on incentive-based compensation for executives could lead to misconduct and misreporting of financial results, according to a new academic study.

Former Hewlett-Packard Co. head Meg Whitman was accused of "trashing" the reputation of Autonomy founder Mike Lynch without understanding whether fraud had been committed at the firm he sold for $11 billion.

A federal judge in New York rejected President Donald Trump’s request to keep his banks from producing financial records to lawmakers, handing House Democrats a second convincing courtroom win this week in their efforts to delve into the president’s finances.

A Democrat-led House committee moved a step closer to reviewing President Donald Trump’s tax information after a federal judge ruled U.S. lawmakers have the power to demand records from his accounting firm, Mazars USA LLP.

It's time to treat environmental, social and governance metrics with the same rigor as financial metrics.

The Financial Accounting Standards Board is giving banks some leeway in applying the new credit losses standard.

The Institute wants to postpone the effective date of its new leases standard for one year, citing an overload for financial statement preparers.

Is quarterly reporting really valuable enough to investors to justify the time and cost spent to compile the reports?

With more than three-quarters of public companies already past the effective date, the spotlight is now on private companies.

The global retailer at the center of South Africa’s biggest corporate scandal cut the value of its assets because of accounting irregularities.

Companies that shop around among auditing firms for clean opinions on their financial statements can compromise the objectivity of outside auditors, according to new research.

The American Institute of CPAs’ Auditing Standards Board has posted a group of standards for audit reports and auditing financial statements.

The Securities and Exchange Commission has voted to propose a set of amendments to its rules governing the kind of information provided to investors.

The Governmental Accounting Standards Board has released guidance in the form of questions and answers to help state and local governments apply its standards.

One of China’s largest listed drugmakers said it overstated cash holdings by $4.4 billion, sending its shares and bonds tumbling.

The Council of Institutional Investors is asking the Securities and Exchange Commission to require companies to explain any non-GAAP metrics used to set executive compensation within their proxy statements.

The president and the Trump Organization have asked a U.S. judge to reject a Congressional subpoena seeking business records from his longtime accounting firm Mazars USA LLP.

The web-based tool employs machine learning technology to estimate an incremental borrowing rate curve for the leasing standard.