Accounting standards

The practice aid provides information on auditing the valuation of cryptoassets and audit procedures surrounding their existence, rights and obligations.

The report highlights the International Ethics Standards Board for Accountants' yearly accomplishments and outlines future plans, like focusing on sustainability.

Former Baker Tilly member firms in Mexico joined CliftonLarsonAllen Global to create CLA Mexico; Marcum Technology acquired CLA's IT Enhanced Managed Services Division; Doeren Mayhew acquired Nearman, Maynard, Vallez CPAs; and Rea & Associates merged in Koontz & Parkin, CPAs.

The global accounting network will have a combined $5 billion in revenue, 40,000 employees and nearly 1,800 partners in 103 different countries.

The Governmental Accounting Standards Board released a post-implementation review report on its pension standards and found they mostly accomplished their goals.

The Ministry of Finance may announce the penalties on Big Four firm PwC as soon as this week.

China may suspend some of the global auditor's local operations over its role in one of the nation's biggest alleged financial fraud cases.

While robust software solutions can streamline these processes, it's still important to have a fundamental grasp of the requirements for successful implementation.

The foundation commemorated the 40th anniversary of the Governmental Accounting Standards Board, and referenced last year's 50th anniversary of the Financial Accounting Standards Board.

The International Sustainability Standards Board and the IFRS Foundation published an inaugural guide to using their standards in different countries.