Financial reporting

The number of financial restatements from companies fell nearly 14 percent last year to the lowest number since 2002, according to a new report.

The profiles and priorities of CFOs around the world are undergoing a transformation, according to a new report from Ernst & Young.

There’s more cash sitting on company balance sheets than ever before. For the first time since 2012, that’s not enough.

Public companies in the U.S. are doing more to burnish the results they present to investors than ever before. It isn’t working.

Auditors face numerous challenges when it comes to helping clients understand financial reporting issues related to accounting for intangible assets acquired in a business combination.

Despite comprising nearly half of our country’s population, women hold significantly fewer positions of leadership than their male counterparts. This is across the board, spanning both the public and private sectors.

Inventory management is the practice of planning, directing and controlling inventory so that it contributes to the business' profitability.

The head of the International Accounting Standards Board is echoing concerns abroad also voiced by leaders of the U.S. Securities and Exchange Commission about the increasing use of non-GAAP measures in the financial statements of public companies.

Wesley Bricker, deputy chief accountant with the Securities and Exchange Commission, is echoing concerns from other top SEC officials about the over-reliance on non-GAAP measures in financial reporting.

Finance is changing, and that much is clearly evident whether you are employed at a public firm, private industry or academia.

As a management accountant and a CEO, I know first-hand the field continues to grow and expand. I was happy to learn that the Bureau of Labor Statistics expects management accountants and auditors to experience double-digit growth through 2024.

Abbott Laboratories may be worried it has another Valeant on its hands in its proposed merger with Alere -- and investors should be on the lookout for future look-a-likes.

Disruptive technologies are adding urgency across all industries, accounting included, with clients and staff alike held to greater expectations regarding the quality and timeliness of services and products.

Harriet Tubman, the leader of the Underground Railroad that brought slaves to freedom before the Emancipation Proclamation, will be the new face on the $20 bill, the Treasury Department announced Wednesday.

The Securities and Exchange Commission announced penalties in two financial fraud cases Tuesday against companies and their former executives accused of various accounting failures that left investors without accurate depictions of company finances.

The number of accounting-related securities class-action filings increased for the third year in a row in 2015, according to a new report.

Approximately two-thirds of companies that make up the Dow Jones Industrial Average reported non-GAAP earnings per share, according to a study last year, and the Securities and Exchange Commission is beginning to wonder if the trend has gone too far.

For years, the conversation around XBRL and data-based reporting was theoretical. Though the SEC began requiring companies to report financial statements as data in XBRL format in 2009 (in addition to document versions), there’s been no dramatic evolution in how we think about financial reporting and analysis.

The Governmental Accounting Standards Board issued guidance Monday addressing several practical issues raised by stakeholders during implementation of GASB’s pension accounting and financial reporting standards for state and local governments.

A long-awaited regulation from the Dodd-Frank Act of 2010 requires companies to disclose the ratio of the CEO’s compensation to the median pay of employees and could prove to be effective in restraining the growth of CEO pay, according to a new study.