Accounting standards

Auditors face increasing challenges in evaluating how organizations estimate and report credit losses.

The document will be available for comment on the International Financial Reporting Standards website.

The advice will help in determining the appropriate situations to use the standard.

Niching down your CAS practice makes marketing easier … and more effective.

An Ontario court placed the firm and owner Ben Borgers on probation for two years for unlicensed, unregistered audit work, and ordered both to pay fines.

The Gov Fin 2024 conference put a spotlight on the implications of the Financial Data Transparency Act.

PricewaterhouseCoopers LLP's China unit expects the Chinese government to hand down a six-month ban as part of punishment over its audit of failed property giant China Evergrande Group, according to a person familiar with the matter.

The commission approved proposals from the PCAOB around contributory liability, the responsibilities of the auditor, and technology-assisted data analysis.

Many cutting-edge fintech companies, such as now-bankrupt Synapse, lack essential infrastructure to effectively reconcile transactions, track funds, and maintain visibility into ledgers.

The International Public Sector Accounting Standards Board has proposed an update to its rules for first-time adoption of accrual basis International Public Sector Accounting Standards.

China Evergrande Group's liquidators have launched court proceedings against PricewaterhouseCoopers LLP, another legal step to recover at least a fraction of creditors' investments from the property giant.

An ex-board member was also charged in the long-running scandal, both for breach of trust in approving sketchy loans.

The document includes the top priorities outlined by investors.

Plus, CAQ releases generative AI guide for audit committees; US Bank announces new AR solution; and other accounting tech news.

The International Accounting Standards Board published a consultation document with eight proposed illustrative examples to show how companies could apply International Financial Reporting Standards when reporting the effects of climate-related and other types of uncertainties in their financial statements.

I volunteered as a conference host to meet the people in the field doing the hard work of government financial management every day.

The Financial Accounting Standards Board issued a proposed accounting standards update to request public comments on possible changes to two of its standards.

Going concern opinions have slowly decreased over the last two decades, with the exception of spikes during the 2008 financial crisis and the years of the COVID-19 pandemic.

The RSM network made five strategic acquisitions in Europe, including specialist audit and consulting firms in Austria, Denmark and France, plus a prestigious law firm in Spain.