Financial reporting

There may be some advantages, particularly for multinationals, with getting an early jump on FASB's changes in the hedging rules.

When auditors push non-attest services, their clients’ financials tend to contain more errors, according to new research.

The Financial Accounting Standards Board wants to improve how to deal with implementation charges for hosting service contracts.

The Big Four firm agreed to resolve potential liabilities related to its work for a failed mortgage lender.

General Electric Co.’s boss wants investors to know that all the negative headlines dogging the manufacturer don’t tell the whole story.

The Financial Accounting Standards Board issued a proposal Tuesday to expand the list of benchmark interest rates allowed for hedge accounting.

The Securities and Exchange Commission named Kyle Moffatt, a former audit manager at Ernst & Young, as chief accountant in the SEC’s Division of Corporation Finance.

With 2018 upon us and the extraordinary effort we’ve put in to get us past the public company deadline for the new revenue recognition standards, I’d like to highlight three longer-term considerations for companies to keep in mind as they continue to report and operate under the new rules.

Audit committees at public companies should be aware of some of the accounting implications of the new Tax Cuts and Jobs Act, according to a new report from Ernst & Young.

What is IFRS 16, how will it affect your business and what do you need to do to ensure your leasing arrangements remain compliant?

The Governmental Accounting Standards Board is asking for help as it develops a comprehensive model for revenue and expense recognition for state and local governments.

So long, farewell, auf wiedersehen, goodbye! Profs. Miller and Bahnson are ending their two-decade run.

The U.K. Financial Reporting Council opened a probe into KPMG LLP’s audits of Carillion Plc, after the builder collapsed under a mountain of debt earlier this month.

The Financial Accounting Standards Board’s Emerging Issues Task Force plans to propose new rules for how to deal with cloud computing service costs.

The Financial Accounting Standards Board has issued an accounting standards update to clarify how to apply the new lease accounting standard to land easements, simplifying adoption of the standard for some easements.

General Electric Co. is under investigation by U.S. regulators after taking a larger-than-expected charge in its finance division, dealing a new black eye to a company once enshrined as an icon of American business.

Marisa Garcia, a managing director at CohnReznick Advisory, talks about how FASB’s new standard may affect some industries differently.

Mandatory quarterly reporting by public companies can lead to a short-sighted focus on near-term results, according to a new academic study.

Four more Staff Q&A documents deal with various financial accounting and reporting implementation issues.

Financial institutions are getting ready for the Financial Accounting Standards Board’s new credit loss standard, though some are dragging their heels, even as the effective date approaches.