Financial reporting

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.

The publication contains five key components and addresses the impact of artificial intelligence and robot process automation.

Verizon Communications Inc. is conceding defeat on its crusade to turn a patchwork of dot-com-era businesses into a thriving online operation.

The update aims to reduce the costs of implementing and applying the new lease-reporting rules

Businesses are tweaking their cash flow and accruals to lower their interest rates on borrowing.

Companies are expanding their budgets to accommodate the new leasing standard, according to a new survey by Ernst & Young.

The Securities and Exchange Commission has been taking a close look at how Amazon.com has been adhering to the new revenue recognition standard, particularly with regard to its Amazon Prime revenue, and Amazon has been pushing back in response to the SEC’s comment letters.

The Governmental Accounting Standards Board proposed implementation guidance Tuesday to help explain some of its pronouncements.

The proposals would make narrow improvements to the rules for credit losses, hedging, and recognition and measurement.

Accounting is facing a slow-moving existential crisis, says institutional investor Jon Lukomnik.

The addition to the close management software company’s Strict Suite Controls product provides a software framework for internal controls.