Audit & Accounting

The Financial Reporting Council issued guidance Tuesday about the disclosure of risks surrounding the coronavirus, and is discussing with audit firms whether the virus will affect their ability to review audits in China.

Argentina may be in deep financial trouble, but its central bank is comfortably back in the black — thanks to a small accounting maneuver.

The new standard caused lease liabilities for the average company to skyrocket 1,475 percent, from $4.4 million to $68.9 million post transition.

The American Accounting Association will honor five "thought leaders from a breadth of practice and educational backgrounds" at the organization's annual meeting in Atlanta this August.

The White House’s latest budget blueprint proposes consolidating the functions and responsibilities of the Public Company Accounting Oversight Board into the Securities and Exchange Commission starting in 2022.

Investing in D&I is good for accounting firms’ bottom line.

The International Federation of Accountants has released a set of recommendations for achieving high-quality audits as regulators around the world push for more thorough audits to avoid accounting scandals.

The Institute of Management Accountants opened registration Wednesday for its 2020 annual conference.

AI is the talk of the town these days, and its application to the tax and accounting profession means automating tasks that we are accustomed to billing for by the hour or form.

The new hedge accounting standard is encouraging more companies to re-evaluate their risk management, according to a new report from Deloitte.