The Latest

The Financial Accounting Standards Board has issued a proposed accounting standards update on gains and losses from the derecognition of nonfinancial assets, clarifying the scope of FASB’s asset derecognition guidance and accounting for partial sales of nonfinancial assets.

The two biggest political parties in Denmark’s parliament say the country may need to tighten punishments for bankers on the wrong side of the law as the Panama leaks continue to reveal practices that politicians say are unacceptable.

Pay increases for CFOs and controllers increased an average of 4 percent this year, but that was slightly less than a year ago, according to a new salary survey.

The Consumer Financial Protection Bureau proposed long-awaited rulemaking last week to protect consumers from falling into the trap of ever-spiraling debt for taking out a short-term “payday loan.”

The Tax Foundation, a nonpartisan think tank, has released a new ebook comparing the impact of 100 tax reform proposals.

On Monday, the second day of sessions at the 2016 Practitioners Symposium and Tech+ Conference in Las Vegas, Jennifer Wilson, partner and co-founder of ConvergenceCoaching, spoke on how to contribute to and maintain a high-functioning firm.

You’ve got yet another tax season under your belt, your grandkids are getting older and your golf game could use a little tweaking. Your thoughts of retirement have been on your mind but you have been putting off pursuing this path for various reasons, some of which may be based on some common misconceptions.

In my two previous columns, I wrote about CPAs who leave public accounting and go to work in private industry. Based upon the comments and emails I received, this is an involved topic and I would like to delve into it further.

Accountants are best known for doing taxes, but that perception undersells the potential value of the client-accountant relationship.

Only 9.8 percent of financial and accounting professionals say their companies are prepared to comply with the new lease accounting standards, according to a new survey by Deloitte.