Accounting standards

The Global Reporting Initiative published a major update to its standard for disclosing impacts on plant and animal species.

Global fee income for accounting and audit services increased 15% to $3.6 billion, while RSM's tax revenues jumped 17% to $2.6 billion.

The Financial Accounting Foundation has overhauled the website for the Financial Accounting Standards Board, with new websites in the works for the Governmental Accounting Standards Board and the FAF itself in the weeks ahead.

In the year since a $5 billion accounting fraud scandal erupted at his former company, the Rio de Janeiro native has relocated to Spain while Brazilian investigators continue their probe.

What are the major accounting considerations when evaluating complex debt and equity financial instruments?

Investors must account for the impact of transition risks on existing investments, including potential costs to remediate or decommission assets that would otherwise remain productive.

The International Federation of Accountants reviewed the most helpful research by academics, accounting organizations and firms on the role accountants are playing in ESG reporting and assurance.

Short-seller Gotham City Research criticized Spanish blood-plasma company Grifols' accounting and corporate governance.

The Institute of Internal Auditors' newly updated set of Global Internal Audit Standards takes effect in January 2025.

The International Auditing and Assurance Standards Board is planning to make some minor adjustments in its quality management and global audit standards to align them more closely with international ethics rules for accountants.

The Governmental Accounting Standards Board released guidance requiring state and local governments to disclose information about certain risks.

CPA firms play a pivotal role in supporting small businesses as they embark on the challenging path of international expansion.

The dollar figures in the report come from two years of records obtained by Democrats after a protracted court battle with Trump's former accounting firm.

The FAF, which oversees FASB and GASB, is asking for nominations for at-large trustees.

The U.K.'s audit and accountancy regulator has opened an investigation into an accountant following solar farm investments made by a now bankrupt local authority.

Auditor disclosures of client-specific quantitative materiality thresholds, which are required in the U.K. but not the U.S., could be encouraging some businesses to massage their earnings reports.

The Financial Accounting Standards Board has decided not to add several projects to its technical agenda, including one on commodities, despite requests.

The residential landlord with thousands of properties across Germany has been under intense public scrutiny since October 2021.

In the quest for enhanced corporate sustainability, the integration of innovative technologies is ushering in a new era of reporting capability and transparency.

The International Ethics Standards Board for Accountants approved an exposure draft on ethics and independence standards for sustainability reporting and assurance and a final ethics standard for tax planning and related services.