Audit & Accounting

The Financial Accounting Standards Board issued a proposed accounting standards update Thursday on the recognition and measurement of deferred revenue in business combinations.

The bakery chain was rescued by an Irish private-equity firm after an accounting scandal pushed the U.K. cake baker into insolvency.

A young accountant shares a cautionary tale of red flags ignored and a nonprofit victimized.

Deloitte’s member firm in Japan, Deloitte Touche Tohmatsu LLC, is paying a $2 million settlement to the U.S. Securities and Exchange Commission to resolve charges that it issued audit reports for a client at the same time dozens of its employees had bank accounts at a subsidiary of the client.

The blogosphere fires have been stoked by what seemed to be a new live bookkeeping service from QuickBooks.

Milan prosecutors say former executives at BT Group were aware its Italian unit hid losses and inflated revenue by producing fictitious invoices.

It's time to reflect on how well we, as finance and accounting professionals, are doing to actively support diversity and inclusion in our field.

A new survey finds 10 percent of controllers feel misrepresenting their company's performance is a regular part of their job.

Tax pros share how they discuss preparing for the Golden Years with customers.

The International Auditing and Assurance Standards Board has issued a trio of proposed standards to improve the quality of audits, reviews and related assurance service engagements at firms.