Accounting standards

PricewaterhouseCoopers agreed to pay fines and compensation to settle investigations into its auditing work for the collapsed property giant.

The International Sustainability Standards Board decided during a meeting on Earth Day that it will propose a set of requirements for nature-related disclosures in the form of an IFRS Practice Statement.

Amid major disruption, firm leaders still see plenty of upside in accounting.

The Governmental Accounting Standards Board debuted a series of videos to help officials understand the information included in government financial reports.

Hong Kong listed companies must now obtain shareholder approval to change auditors, part of a regulatory push to bolster corporate governance and transparency.

The Financial Accounting Standards Board met to discuss accounting for transfers of crypto assets and disclosures around digital assets such as stablecoins.

Understanding the differences and setting expectations properly can make or break a successful engagement.

Global economic confidence has been shaken by the war in Iran and surrounding countries, according to a new survey of accountants.

The International Forum of Independent Audit Regulators released a report summarizing its annual survey of inspection findings from audit regulators around the world.

The Governmental Accounting Standards Board is proposing to overhaul the structure for providing guidance on U.S. GAAP for state and local governments.

The Governmental Accounting Standards Board is looking for public comment on proposed guidance for reporting on infrastructure assets.

Digits announced that accountants will only pay for clients if the Digits platform successfully automates 95% or more of transactions with zero human touch.

The Institute of Internal Auditors is enhancing its Certified Internal Auditor Challenge Exam with a new experienced-based pathway pilot and updates for Global Internal Audit Standards.

The Financial Accounting Standards Board is studying current trends and emerging issues in data infrastructure investments and nontraditional lending.

The Bitcoin accumulator adopted accounting standards last year that require changes in the fair value of its holdings to flow through earnings.

Minimizing time spent on tasks like bookkeeping and focusing on advisory work freed me to deliver more value to clients and build a more scalable practice.

The International Federation of Accountants wants accounting organizations to align with its quality management standards and offer more pathways to the profession.

In its annual report outlined the progress in the work of the International Accounting Standards Board and the International Sustainability Standards Board in 2025.

Verifying environmental and social impacts is more complex than traditional financial accounting. But complexity is not a reason for retreat.