Accounting standards

The Public Company Accounting Oversight Board has issued a concept release proposing a new approach to changing its quality control standards, the biggest change since 2003.

A recent survey shows that small businesses are not just open to their accountants handling payroll for them, but 38 percent expect it.

ASU 2019-12 aims to simplify Topic 740 in GAAP.

FASB’s delay of the effective date of ASC 842 for private companies is a gift to businesses struggling to get the new lease standard right.

Technology is ready to disrupt this core service of the profession, and that's going to require a serious response from auditors, according to Alan Anderson of Accountability Plus.

The Big Four firm is seeing growth across geographic regions and service areas.

The total amount of goodwill impairment recorded by U.S. public companies reached $78.9 billion in 2018, up a staggering 125 percent from the prior year, according to a new report.

Financial Accounting Standards Board Chairman Russell Golden compared the standard-setting process to the new race car movie, “Ford v Ferrari,” even though he admitted the process usually isn’t so speedy.

The Governmental Accounting Standards Board has proposed implementation guidance with questions and answers to clarify and explain some of GASB’s earlier standards and pronouncements.

The Public Company Accounting Oversight Board is planning to issue a concept release on revisions in quality control standards while making extensive changes in its inspections and audit reports.

Candidates for the council of the local CPA institute are being judged on their positions in city-wide political debates.

The Financial Accounting Standards Board seeks candidates for the role of principal advisor to the chairman and board.

A handy checklist for figuring out which prospects will benefit most from client accounting services.

The firm saw year-over-year growth of 10.1 percent, up from 8.3 percent growth in 2018.

Auditing costs are going up for companies, in part due to new accounting standards for revenue recognition and leases, according to a new survey.

Chairman William Duhnke said the board is also doing more outreach to audit committees.

The Big Four firm is winning back customers and no longer bleeding staff as it rebuilds an image tarnished by a series of scandals.

Two firms share their experiences with offering CAS to their clients.

The board issued an ASU Tuesday to tweak its credit losses standard to deal with some of the issues raised by stakeholders.

The American Institute of CPAs’ Auditing Standards Board proposed a strategic plan that will guide the ASB’s work over the next three years.