Accounting standards

The Institute of Internal Auditors intends to overhaul its ​Certification in Risk Management Assurance and Internal Audit Practitioner programs next year to meet evolving demands and stay ahead of various risks.

The International Federation of Accountants has named its first-ever board that has a majority of female members.

The changes mainly reflect application of the new lease accounting standard for casinos with wide area progressive slot machines.

The payment provider said it followed all reporting obligations properly amid renewed concerns about its accounting practices related to a delayed audit of the German company’s accounts in Singapore.

The Financial Accounting Standards Board officially delayed the effective dates of its accounting standards for leases, credit losses, hedging and long-duration insurance contracts by issuing a pair of accounting standards updates.

The core issue is its potential for exploitation and fraud, according to Prof. J. Edward Ketz.

The Financial Accounting Standards Board approved an accounting standards update to help companies make the transition from the London Interbank Offered Rate to newer reference rates.

The Financial Accounting Standards Board released a proposed accounting standards update Tuesday aimed at clarifying some areas of its 2017 hedging standard for derivatives.

The accounting impact is estimated to affect more than 5,000 commercial banks and other financial entities that provide credit in the U.S., as well as non-financial institutions.

The Public Company Accounting Oversight Board could be making more changes ahead as the audit firm regulator deals with a tumultuous series of transformations in the past two years.

The Financial Accounting Standards Board issued an accounting standards update Monday to simplify and increase the comparability of accounting for nonemployee share-based payments, specifically those made to customers.

The bookkeeping-on-demand service is proving popular with accountants, and creating new opportunities for Intuit.

Well more than half of accounting firms offer more than three distinct services to business clients.

The consulting practices of accounting firms saw their revenues increase 15.9 percent in 2018 to surpass $2 billion for the first time ever, reaching $2.1 billion, according to a new report.

The deal will encompass more than 250 accounting, tax, and advisory member firms in nearly 100 countries.

Last Wednesday I spent the day in Manhattan and some things occurred that I would like to share here.

Under Armour Inc. shares plunged after the company disclosed that federal officials have been probing its accounting practices for more than two years, bringing a fresh headache to investors just as the sports brand prepares for a CEO transition.

Public companies reached the deadline for compliance with the new lease accounting rules in January, but their journey is far from over.

The new resource offers regulatory content, an online community and an expert helpdesk.

The new standard transforms the rules that govern accounting for nearly all types of leases, including real estate, vehicle and equipment.