Accounting standards

The International Auditing and Assurance Standards Board proposed a set of revisions to the International Standard on Auditing.

Top 20 firm CliftonLarsonAllen announced that it is working with Digits to develop and train its own proprietary AI model which will be deployed across the firm, starting with its CAAS practice.

The continuing conflict in the Middle East is leading to soaring commodity prices and supply chain disruptions, according to a survey by the ACCA and IMA.

The Public Company Accounting Oversight Board voted to request public comment on the goals and objectives for its 2026-2030 strategic plan.

Financial Accounting Standards Board chair Richard Jones is preparing for new agenda projects as well as the likelihood of a semiannual reporting option.

As AI gets more integrated into accounting firm operations, you need people who already know how to work with AI, and how to give the right prompts and commands.

The sanctions were tied to audits of the engineering service provider and government contractor's financial statements for the 2019 and 2020 fiscal years.

The International Ethics Standards Board for Accountants released a staff publication on the ethical implications of emerging technologies such as AI.

Hong Kong's accounting regulator signaled a tougher supervisory stance on audit firms with weak track records, while encouraging underutilized firms to take on a greater role in supporting the city's capital markets.

Accounting firms that don't keep up with artificial intelligence risk falling behind their own clients, says Madeline Reeves, founder and CEO of Fearless Foundry.

Former banking boss Jayne-Anne Gadhia has been picked to chair the U.K.'s audit regulator, the government announced.

The firms that benefit most are not treating AI as a replacement for the accountant's judgment. They are treating it as infrastructure: the parts that should have been automated years ago finally being automated.

The Financial Accounting Standards Board wants to amend how investment companies measure the fair value of a security subject to a contractual sale restriction.

The potential criminal development that adds to a series of governance scandals engulfing the sector in recent years.

The International Sustainability Standards Board intends to issue an exposure draft of its nature-related disclosure proposals in October.

The Federal Accounting Standards Advisory Board issued staff implementation guidance implementing its Management Discussion and Analysis standard from 2024.

The Public Company Accounting Oversight Board today established a firm consultation process to help provide firms with more timely and consistent guidance.

The Chartered Institute of Management Accountants chose Alfred Ramosedi as its next president and co-chair of the Association of International Certified Professional Accountants.

The Public Company Accounting Oversight Board is requesting input on future focus areas for standard setting.

Hong Kong's Securities and Futures Commission struck the deal in April to settle investigations into PwC's auditing work for the collapsed developer.