Accounting
Accounting News & Professional Insight
Accounting Today delivers news, rankings, thought leadership, and analysis for accounting professionals so they can navigate change in standards, firm strategy, technology adoption, talent, and the overall business environment.
Accounting professionals are facing rapid transformation, including shifting professional standards, demographic change, technology disruption, practice consolidation, and changing expectations for advisory services. Our coverage surfaces these strategic dynamics and provides insights and analysis for firms, leaders, and the accounting profession.
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The Financial Accounting Standards Board is beginning to hear from not-for-profit organizations and their accountants about the far-reaching changes it has proposed in reporting by nonprofits, and finding there are some disagreements, even among FASBs own leaders.
July 31 -
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The International Accounting Standards Board has proposed making some clarifications to the revenue recognition standard that it released last year with the U.S. Financial Accounting Standards Board.
July 30 -
The International Public Sector Accounting Standards Board has released for comment a consultation paper on Recognition and Measurement of Social Benefits.
July 29
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More than a dozen years ago, the U.S. experienced a rash of high-profile accounting scandals. Now its Japans turn.
July 29 -
Since the advent of Financial Accounting Standard 133 in 1998, financial statement preparers have been dealing with the onerous and complex requirements of hedge accounting, arguably one of the most complex statements that the board has promulgated.
July 28 -
The Anti-Fraud Collaboration, a joint effort of the Center for Audit Quality, Financial Executives International, the Institute of Internal Auditors and the National Association of Corporate Directors, has released the third in a series of case studies examining how to identify and stop accounting fraud in an organization.
July 28
