Accounting standards

The Public Company Accounting Oversight Board updated its standard-setting, research and rulemaking agendas to reflect recent progress on modernizing the its older standards and rules.

The Public Company Accounting Oversight Board approved two new standards, on systems of quality control and the general responsibilities of the auditor.

Joe Woodard makes the case that it's accountants who need to change their ideas around value, not clients.

The Securities and Exchange Commission hit the fast-rising auditing firm with $14 million in fines, and charged it with deliberate, systemic failures to comply with PCAOB standards.

The International Sustainability Standards Board published a new taxonomy to help investors analyze sustainability disclosures.

The IFRS Foundation attributed the increase in revenue and expenses to consolidated operations in its 2023 annual report.

Even if a program is predominantly funded with federal dollars, there may be other sources of funds from which local governments can draw.

The bakery chain collapsed into insolvency in 2019 after a forensic investigation revealed thousands of false entries in its accounts.

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