Accounting standards

Andy Armanino will step down at the end of 2018; brother Matt will take over in 2019.

The International Financial Reporting Standards Foundation has released a new set of data tags, while the Securities and Exchange Commission also renewed its files.

The solutions integrate artificial intelligence technology with the Big Four firm’s advisory and tax services.

With less than a year before the rev rec changes become permanent, businesses should take immediate action, if they haven’t done so by now.

The American Institute of CPAs’ Auditing Standards Board has issued an auditing interpretation to help accountants comply with standards from both the AICPA and the Public Company Accounting Oversight Board.

As organizations gravitate away from highly customized legacy accounting systems and many systems arrive at their end-of-life, there are some best practices firms should follow to embrace the agility of an open platform.

Recent changes to international standards for audit reports have improved the quality of information that’s available to investors, and had a positive impact on wider elements of financial reporting, including governance and corporate reporting, according to a new report from the Association of Chartered Certified Accountants.

Foreign affiliates of KPMG, Deloitte & Touche and BDO have agreed to settle charges with the Securities and Exchange Commission for getting involved in audit work that circumvented the Public Company Accounting Oversight Board’s full oversight.

The International Forum of Independent Audit Regulators reported on issues with how firms are scrutinizing accounting estimates, testing internal controls, checking revenue recognition and more.

Companies need to realize that the challenge ahead is bigger than accounting.

There may be some advantages, particularly for multinationals, with getting an early jump on FASB's changes in the hedging rules.

Deloitte, PwC and EY all caved. Under pressure over how they compiled their gender pay gaps in the U.K., the three companies agreed to revise their figures to include high-earning partners.

The Top 100 Firm’s new practice turns technology into booming business.

Former CPA Canada chief Kevin Dancey will succeed Fayezul Choudhury at the end of the year.

The Financial Accounting Standards Board wants to improve how to deal with implementation charges for hosting service contracts.

Steinhoff International Holdings NV said a review by auditors at PwC into its accounts is focused on certain off-balance-sheet structures and deals with related parties and is likely to find that some assets, revenue and profit figures have been overstated.

The American Institute of CPAs and the National Association of State Boards of Accountancy have inked a mutual recognition agreement with the Institute of Chartered Accountants of Scotland to provide a streamlined process for accountants to practice in each other’s country.

Efforts in the U.S. and Europe to encourage public companies to change audit firms have largely failed, according to new academic research.

An omnibus revision to the Statement on Standards for Accounting and Review Services will come out after tax season.

General Electric Co.’s boss wants investors to know that all the negative headlines dogging the manufacturer don’t tell the whole story.