The Federal Accounting Standards Advisory Board is looking for feedback on an exposure draft of a proposed set of technical clarifications and amendments on lease accounting for the federal government.

The Securities and Exchange Commission extended the comment period Monday for approximately a month on its proposed rules for climate-related disclosures, giving commenters until June 17, 2022 to send in their feedback.

The board issued guidance Monday to address different accounting and financial reporting issues it identified.

The U.S. banned American accounting and consulting firms from working with Russia and imposed its first sanctions on Gazprombank as part of a package of new penalties targeted at Moscow.

The accounting profession is undergoing a reexamination of its efforts to address the lack of diversity, not only in the U.S. but in other parts of the world.

U.S. regulators expanded the list of businesses that face possible expulsion from American exchanges because of Beijing’s refusal to allow access to the businesses’ audits.

Accountants who guide business owners through the exit-planning process can not only deepen their relationships, but also create new revenue streams.