Financial reporting

Financial restatements can prompt similar companies to misstate their own earnings, according to a new study.

Paul Pacter speaks up for IFRS

Changing timeliness from a black mark to a hallmark

The Securities and Exchange Commission is looking for public comment on the effectiveness of the financial disclosure requirements in Regulation S-X.

The Securities and Exchange Commission announced that it has approved the renewal of its Advisory Committee on Small and Emerging Companies.

BDO USA has agreed to pay $2.1 million to settle charges from the Securities and Exchange Commission that the firm dismissed a number of red flags and issued false and misleading unqualified audit opinions about the financial statements of a staffing services company, General Employment Enterprises.

Much of an accountant’s work is done at the client’s premises. However, whenever we are there, it is an intrusion on their routine. We need to remember we are guests and should remain “out of sight.” Well, let me tell you what happened early on in my career.

Last year, the percentage of non-audit fees dropped below 10 percent of the total fees paid to audit firms for the first time since Sarbanes-Oxley, according to a new report.

The SEC must get out of the way and let FASB tackle its to-do list

The two firms brought on the most new SEC audit clients

The Financial Accounting Foundation has named Candace Wright as the next chair of the Private Company Council.

Willingness to manipulate earnings helps individuals succeed in corporate accounting, according to a new academic study.

Noble Group, the commodity trader battling criticism of its accounting, stepped up its public defense by publishing an auditor’s report in support of its practices.

Nonprofit organizations make accounting errors at a relatively high rate, in part because they try to avoid devoting a high percentage of their funding to administrative costs, according to a new study.

Global standards advocates need to understand the problems

The International Federation of Accountants has released a new briefing paper on how accountants can help their organizations address sustainability issues and incorporate them into business decisions.

One of the more intriguing questions stemming from the Toshiba Corp. accounting scandal is this: Where was the whistleblower?

Board members at nonprofit organizations are too far removed from some of their key governance responsibilities, according to a new survey by the accounting firm Marks Paneth.

The ride-sharing app Uber is showing up more than taxis on employee expense reports, according to a new analysis.

XBRL US has begun a public exposure period for rules developed by its Data Quality Committee, which aims to improve the quality of financial filings using the interactive Extensible Business Reporting Language format mandated by the Securities and Exchange Commission.