Audit & Accounting

The profession is being swept up in a revolution wrought by technology and other factors, and ICPAS chief Todd Shapiro wants accountants to get out ahead of it.

The Institute of Management Accountants and its Managerial Costing Task Force released an exposure draft Monday examining managerial costing practices and how managers should decide which practices are the best ones for their organizations.

The update clarifies the guidance on the interaction between some types of collaborative arrangements and the new revenue recognition standard.

The staff paper aims to help private company franchises implement the new accounting standard by offering them practical examples.

The vast majority of S&P 500 issuers are using the modified retrospective method of adopting the new rules.

A new shape of accounting firm may bring significant — and potentially unwelcome — change.

The International Federation of Accountants has elected Dr. In-Ki Joo of South Korea as president for a two-year term through November 2020.

A new survey by the International Federation of Accountants examines trends in 150 countries.

What if it could help close the ‘opportunity gap’?

The company is riding the wave of AI-powered change in the audit function.