Financial reporting

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.

A new survey finds 10 percent of controllers feel misrepresenting their company's performance is a regular part of their job.

The German online payments firm Wirecard AG has seen its stock plunge by more than a third in recent days on reports of accounting misdeeds.

The Financial Accounting Standards Board hopes to simplify the move to the new credit loss rules by offering an option to measure certain assets at fair value.

Most organizations are using manual workarounds to comply with the new rev rec standard, according to a survey by Ernst & Young.

The costs of shows on broadcast and cable television, along with streaming services, could be affected by the changes.

The Financial Accounting Standards Board has released staff guidance on how to estimate credit loss reserves.

The Securities and Exchange Commission has imposed a civil penalty on the car rental giant for misstating pretax income.

The total amount of goodwill impairment recorded by U.S. public companies climbed 23 percent last year, reaching $35.1 billion.

A tweet from President Trump has the commission looking at easing the burden on public companies.

The Financial Accounting Standards Board has made available the 2019 GAAP Financial Reporting Taxonomy and the 2019 SEC Reporting Taxonomy.