Accounting standards

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.