Accounting standards

House Republicans released a spending proposal that threatens to withhold funding from the Financial Accounting Standards Board unless it withdraws its income tax reporting standard.

Public Company Accounting Oversight Board chair Erica Williams is departing on July 22, after being pushed out by the new SEC chairman after her agency narrowly avoided an effort to eliminate it.

The International Ethics Standards Board for Accountants and the International Auditing and Assurance Standards Board set up technical groups for their standards.

Auditors with uncommon first names tended to take a divergent approach to the rules, reducing earnings comparability, according to a new study.

OBBBA and gambling; a billing lesson from bookkeeping; BOI 2.0; and other highlights from our favorite tax bloggers.

The International Auditing and Assurance Standards Board has revised its standard on the auditor's responsibilities relating to fraud.

The American Institute of CPAs' Auditing Standards Board is looking for feedback on a proposed standard updating auditors' responsibilities related to fraud.

The first global Ethics Standards on Tax Planning are effective.

The Office of Management and Budget is calling for a major overhaul in how federal agencies conduct financial audits.

PricewaterhouseCoopers LLP named more than 20 new partners in Greater China as the firm seeks to reboot its business following Evergrande collapse.

From an accountant's perspective, the trade deficit isn't a sign of economic weakness. As with any financial flow, there are two sides to the ledger.

Accounting platform Digits announced the launch of Digits Accounting Agents, which CEO Jeff Seibert said can outperform humans in terms of accuracy and speed.

The Public Company Accounting Oversight Board sanctioned the firm Michael T. Studer CPA and Michael Studer for repeat violations related to a 2019 audit.

The Governmental Accounting Standards Board issued questions and answers to help explain certain pronouncements to stakeholders.

The International Accounting Standards Board and its parent, the IFRS Foundation, released guidance on management commentary and climate disclosures.

Chair Joel Black shares what the standard-setter is working on in a tough time for state and local governments.

Grant Thornton Advisors is adding firms in Switzerland/Liechtenstein and the Channel Islands to its multinational platform.

Accounting firms are reporting bigger profits and more clients, according to a new report.

The Public Company Accounting Oversight Board sanctioned Heaton & Co. and one of its partners, Kristofer Heaton, for failing to properly document five audits.