Financial reporting

The update makes narrow improvements to the credit losses standard, including the transition requirements.

Securities and Exchange Commission Chairman Jay Clayton and chief accountant Wesley Bricker weighed in on a proposed change in the reporting cycle for public companies.

A new report from PwC finds businesses still scrambling to meet the deadlines.

The Financial Accounting Standards Board unveiled a proposed accounting standards update Wednesday aimed at improving and harmonizing the accounting for films and episodic content for both TV and streaming video services like Netflix.

The retailer provided South African officers with information about transactions involving more former executives who may have contributed to its accounting crisis.

The Sustainability Accounting Standards Board published its long-awaited set of industry-specific standards at the London Stock Exchange.

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The International Integrated Reporting Council, the Sustainability Accounting Standards Board, the Global Reporting Initiative and the Carbon Disclosure Project are working to harmonize standards.

Nearly two-thirds of governments are expected to report on an accrual basis within the next five years.

The update clarifies the guidance on the interaction between some types of collaborative arrangements and the new revenue recognition standard.

The vast majority of S&P 500 issuers are using the modified retrospective method of adopting the new rules.

The accounting standard redefines the rules for operating leases.

In Larry Culp’s first earnings day as CEO, the company revealed an expanded federal probe into its accounting.

Companies are still behind schedule in getting ready for the impending standard, according to a new survey.

General Electric Co.’s new chief executive officer got off to a rocky start with Wall Street as the company revealed an expanded accounting probe by U.S. authorities.

A study suggests that a background in audit can be a double-edged sword in the C-suite.

The Financial Accounting Standards Board’s new hedge accounting standard is prompting some companies to adopt the standard ahead of the Jan 1, 2019 effective date, though many companies are still not using hedge accounting at all.

The underlying challenges are becoming more apparent in comment letters from the Securities and Exchange Commission.

The Prince of Wales’ Accounting for Sustainability project and the International Integrated Reporting Council intend to promote sustainability reporting and integrated reporting at the World Congress of Accountants that’s set to take place in Sydney, Australia in early November.

Touting figures may give companies a short-term boost, but often leads to a long-term drop.