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The Big Four firm's Board Leadership Center predicts reinforcing audit quality and setting clear expectations for external auditors will be top of mind in the year ahead.January 23
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The International Ethics Standards Board for Accountants has released two exposure drafts for proposed ethical standards aimed at strengthening the non-assurance services and fee-related independence provisions of the International Code of Ethics for Professional Accountants.January 22
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The Pentagon made $35 trillion in accounting adjustments last year alone — a total that’s larger than the entire U.S. economy and underscores the Defense Department’s continuing difficulty in balancing its books.January 22
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The American Institute of CPAs’ Financial Reporting Executive Committee has proposed several working drafts of its guidance on the long-duration insurance accounting standard for insurance companies.January 21
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The Financial Accounting Standards Board has issued a standards update aimed at clarifying the interaction between the rules related to equity securities, equity method investments and certain derivatives.January 16
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The ability to explain accounting clearly is the power that will make accountants superheroes.January 15
Author"Taking the Numb Out of Numbers"
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The new credit losses accounting standard is not expected to have a major impact on the loan loss reserves of most large publicly listed U.S. banks, according to Moody’s Investors Service.January 15
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Average audit fees increased 4.25 percent from 2017 to 2018, according to a new report.January 15
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Wulf Matthias of Wirecard AG resigned after months of controversy over the digital payments company’s accounting practices.January 13
