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 International Accounting Standards Board has released a new document describing some of its most recent tentative decisions from the first half of the year on the standards for lease accounting, including what appears to be an about-face on how leases should be categorized, opening up a new gulf between it and the Financial Accounting Standards Board.
August 8 -
Hans Hoogervorst, chairman of the International Accounting Standards Board, reportedly told an audience in Singapore last week that full convergence is no longer an achievable project.
August 6
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'For the benefit of' or 'to the benefit of' -- what's the difference?
August 5
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The International Accounting Standards Board has issued the final element of its own long-awaited financial instruments accounting standard after failing to reach a consensus with the U.S. Financial Accounting Standards Board on key elements related to credit losses and loan impairments.
July 24 -
PricewaterhouseCoopers has released a new paper on how companies can get ready for the newly converged revenue recognition accounting standard.
July 23 -
Lawmakers who are part of a group of current and former CPAs and accountants in Congress are expressing concern about the possibility of the Securities and Exchange Commission allowing U.S. companies a choice of using either U.S. GAAP or International Financial Reporting Standards.
July 18
