The Financial Accounting Standards Board released an accounting standards update Monday to help lessors account for leases with variable lease payments.

The Institute of Management Accountants officially appointed J. Stephen McNally as chair of the IMA’s global board of directors, and he plans to focus on the organization’s growing presence internationally.

It's crucial not to overlook relational accounting.

Accounting firms are restricting corporations from holding the cryptocurrency as assets even as they give free rein to venture capital firms to invest in equally risky and volatile unicorns.

With two rounds of implementation behind us, it’s time to reflect on what we’ve learned so far from the required disclosures of critical audit matters.

The Malaysian government is seeking more than $5.6 billion from the auditors over their role in auditing the state investment fund.

The South African-Dutch-German retailer may soon release a revised proposal to resolve more than $8 billion of legal claims after a previous deal recently fell through.