Financial reporting

Academic research finds that readable financial disclosures help not only investors, but companies as well.

Many businesses are slow-walking to implementing the revenue recognition standard, even as the effective date approaches next year.

The Financial Accounting Standards Board voted Wednesday to proceed to a final standard on hedge accounting, part of the financial instruments project that FASB had been working on for years with the International Accounting Standards Board before the two boards went their separate ways.

Many companies are at risk of falling behind schedule on implementing the revenue recognition standard, according to a new survey by Ernst & Young, and CFOs and CIOs are not in agreement on the reason why.

A regulatory probe into PricewaterhouseCoopers LLP related to Tesco Plc’s accounting scandal was dropped as the Financial Reporting Council said there was little chance of an adverse finding in the case.

A legal mindset may be behind managers' poor financial reporting habits.

Companies should begin to plan now how to incorporate the new standards and update procedures for the Financial Accounting Standards Board’s accounting updates on two significant topics: revenue recognition and lease accounting.

The Big Four firm topped all auditing firms in new engagements.

Many companies may be engaging in revenue management, along with earnings management, to meet or beat analyst expectations, particularly in the technology and health care industries, according to a new study.

A pair of accounting professors has written a paper proposing a way to communicate accounting complexity.

With the right tools and process control, most organizations don’t need to outsource their financial planning and analysis.

The patent-pending, cloud-based GRC platform manages five major business governance activities.

The Governmental Accounting Standards Board released a pair of implementation guides with questions and answers explaining several GASB standards.

The Association of Chartered Certified Accountants welcomed top officials from some of the world’s leading accounting organizations to an event highlighting the growing importance of integrated reporting.

The IFRS Foundation, the group that oversees the International Accounting Standards Board and its work on International Financial Reporting Standards, issued its annual report for 2016 on Tuesday, with a look ahead at where global standards are expected to go this year.

The number of public companies filing their financial statements with the Securities and Exchange Commission has shrunk dramatically in recent decades, according to a new report.

Now that the political battles of the 1990s are past, FASB should be able to correct these deficient practices.

A gold industry trade group is looking to set up a common financial reporting framework for the lucrative commodity.

The former Microsoft CEO has launched a new organization to share data about the U.S.

Nominations for the Private Company Council are due by April 24.