Financial reporting

Tax reform, non-GAAP metrics and sustainability reporting are expected to be among the top shareholder concerns this spring at corporations’ annual general meetings, according to BDO USA.

Wirecard AG surged the most in more than a decade after saying irregularities found in an external investigation into fraud allegations in Asia weren’t material.

The Financial Accounting Standards Board is proposing to make further changes in the income tax disclosure requirements for companies to make them more relevant to users of financial statements.

The Financial Accounting Standards Board is aligning its definition with the American Alliance of Museums’ Code of Ethics for Museums.

Financial institutions are scrambling to prepare for the imminent approach of the credit losses standard.

The German payment processor’s Indian business became a focus point again and a Citigroup analyst said the company faces prolonged uncertainty because of the accounting allegations it’s facing.

When businesses fail to file on time, they can get hit with fines or other penalties.

The American Institute of CPAs has named Angela Newell, a national assurance partner at BDO USA’s Dallas office, as the new chair of the AICPA’s Financial Reporting Executive Committee, succeeding Crowe partner Jim Dolinar.

MoviePass’s parent company hit another bump Tuesday, acknowledging it lost track of how many paying customers the film-subscription service had on its books.

The Securities and Exchange Commission has approved the Financial Accounting Standards Board’s 2019 GAAP Financial Reporting Taxonomy, along with the 2019 SEC Reporting Taxonomy, FASB said Tuesday.

The update clarifies some of the disclosure and implementation requirements of the new leasing standard.

A survey finds the majority of finance execs are not confident they can identify financial errors before reporting results.

The Federal Accounting Standards Advisory Board is looking for input on some proposed changes.

The board posted a proposed guide Thursday, with a set of questions and answers about the new standards.

Berkshire Hathaway posted a $25 billion loss in the fourth quarter, mainly due to a writedown from its stake in Kraft Heinz.

Analysts are more likely to highlight the negatives instead of the positives, according to new research.

The food maker flagged to investors a subpoena it received last year from the U.S. Securities and Exchange Commission related to its procurement practices.

The ratings agency is putting the spotlight on accounting in the first of a series of reports.

The companies are giving their customers access to both Chargebee’s subscription billing system and Softrax’s Revenue Manager revenue recognition software.

The Financial Accounting Standards Board issued a proposed accounting standards update Thursday on the recognition and measurement of deferred revenue in business combinations.