Audit & Accounting

The Financial Accounting Standards Board released the proposed 2016 GAAP Financial Reporting Taxonomy for public review and comment Tuesday.

The Governmental Accounting Standards Board decided Tuesday to add a project to its technical agenda to re-examine the financial reporting model for state and local governments.

Nobody knows bookkeeping anymore.

The Financial Accounting Standards Board has issued a proposed accounting standards update to clarify the implementation guidance on principal versus agent considerations contained in the new revenue recognition standard.

Toshiba Corp. uncovered 10 new cases of accounting problems, including at a U.S. unit, prompting it to miss a regulator’s deadline for submission of its fiscal 2014 earnings release.

While accounting scandals in the Netherlands have not been making a whole lot of headlines in the U.S., they have been generating plenty of controversy at home.

Each year when the calendar turns to June, I get mixed emotions. On one hand, I am thrilled that summer has arrived but on the other hand, I’m dreading my upcoming June 30 deadline to report 40 new hours of CPE to my state board.

The Governmental Accounting Standards Board has published a new authoritative implementation guide that details comprehensive authoritative implementation guidance that has been cleared by the board for state and local governments.

Last year, the percentage of non-audit fees dropped below 10 percent of the total fees paid to audit firms for the first time since Sarbanes-Oxley, according to a new report.

Financial Executives International has appointed Andrej Suskavcevic as president and CEO of both FEI and the trade group’s Financial Executives Research Foundation.