Audit & Accounting

The Financial Accounting Standards Board has issued a three-part accounting standards update for employee benefit plans accounting as part of its efforts to simplify the accounting rules.

Profs. Miller & Bahnson dive deep into the standard-setter in an all-new edition of a classic text

The Financial Accounting Standards Board is beginning to hear from not-for-profit organizations and their accountants about the far-reaching changes it has proposed in reporting by nonprofits, and finding there are some disagreements, even among FASB’s own leaders.

Global standards advocates need to understand the problems

Plaintiffs filed 85 new federal class-action securities cases against U.S.-based companies in the first half of 2015, a decrease from the second half of last year, which saw 92 cases filed, according to a new report.

The International Accounting Standards Board has proposed making some clarifications to the revenue recognition standard that it released last year with the U.S. Financial Accounting Standards Board.

The International Public Sector Accounting Standards Board has released for comment a consultation paper on Recognition and Measurement of Social Benefits.

Changes in fair value measurement are having a big impact

The International Federation of Accountants has released a new briefing paper on how accountants can help their organizations address sustainability issues and incorporate them into business decisions.

The Department of Justice’s Office of Inspector General issued a report criticizing PricewaterhouseCoopers’ audit of Big Brothers Big Sisters of America and has referred to the matter to the American Institute of CPAs’ Professional Ethics Division.