Accounting standards

Future of contactless prep; reverse convenience; importance of the invoice; and other highlights from our favorite tax bloggers.

Britain's accountants, auditors and advisers are clinging to their jobs, nervous that their negotiating power has sharply dropped.

The board wants to improve the guidance for the management's discussion and analysis section of reports by federal agencies.

The board added a project to deal with issues related to subsequent events for state and local governments.

Revenue from consulting services grew at the fastest pace at 19.1%, followed by risk advisory, and audit and assurance.

The Financial Accounting Standards Board voted to adopt its eagerly awaited standard for cryptocurrency like bitcoin held by companies.

Miguel Gutierrez argues he had nothing to do with the attempt to manipulate the retailer's financial accounts that led to a massive accounting scandal.

The institute's Auditing Standards Board issued an exposure draft for some proposed changes in the attestation standards for quality management and is asking for comments.

The International Federation of Accountants issued a call to action to the G20 finance leaders urging them to focus more on sustainability as a way to achieve the United Nations' Sustainable Development Goals.

The Financial Accounting Standards Board released another chapter of its conceptual framework related to the recognition and derecognition of an item in financial statements.