Audit & Accounting

The International Accounting Standards Board is looking into the standards for consolidated financial statements, or group accounting.

The practice is helping clients deal with streamlining operations, reducing unnecessary expenditures and improving their profitability and cash flow.

Hong Kong has received the first access to financial audits from mainland Chinese companies, an issue that has vexed relations between the U.S. and China and threatens to lead to the delisting in New York of giants such as Alibaba Group Holding Ltd.

Industry expert Allan Koltin shared four areas where accounting firms should be prepared to transform in 2021.

The commission says the company financial disclosures were misleading.

Stakeholder engagement and feedback are critical to standard-setting, says Richard Jones.

Accounting's most influential people share realizations prompted by the coronavirus pandemic.

Stress-tested by the pandemic, the profession is emerging stronger and more respected than before.

The impact of the coronavirus will be a major focus in the coming year.

The National Association of Tax Professionals is accepting proposals for speakers and topics at its 2021 annual conference and its virtual 2021 TaxCon event.