Accounting standards

The Financial Accounting Standards Board posted a proposed accounting standards update to improve interest rate risk hedging and net investment hedging accounting guidance.

Bookkeeping, tax and outsourced CFO services company Pilot announced Meridian, which is said to perform the full scope of bookkeeping and financial reporting.

China Evergrande's liquidators have asked a court to void a shareholder compensation deal a regulator struck with PricewaterhouseCoopers' Hong Kong affiliate.

The International Ethics Standards Board for Accountants decided to move ahead on a project to update its International Code of Ethics for Professional Accountants.

RSM Mexico will join RSM's transatlantic platform with entities already in the U.S., the U.K., Canada and Ireland, as well as teams in India and El Salvador.

Current IASB chair Andreas Barckow's term ends on June 30, but his final successor isn't expected to be installed until Oct. 1.

The collapse of the property developer is raising concerns among some partners at its former auditor about the potential impact on their own finances.

The Financial Accounting Standards Board issued a proposed accounting standards update to enhance the guidance for some market-return cash balance plans.

Demetrios Logothetis outlined his plans for revamping the PCAOB's audit firm inspection program and its new quality control standard.

Australia's central bank and one of the country's biggest pension funds are distancing themselves from KPMG Australia amid whistleblower misconduct allegations.

Ever since the AICPA released new quality management standards, firms have raced to implement them. But like a fitness tracker, the system itself is not the transformation.

Vertilocity, an arm of Top 50 Firm Hill, Barth & King, acquired Toledo, Ohio-based technology firm Computol, effective June 1.

"Will AI automate bookkeeping?" is now settled. Yes, it will. In many firms, it already has. And for the firms that haven't adopted it yet, their clients are starting to. The more useful question is what happens after.

A new ACCA survey finds that accountants and financial professionals are interested in engaging in environmental and social issues.

The International Accounting Standards Board issued a new standard for businesses subject to rate regulation, such as electricity, water and gas utilities.

Jim Bourke of Withum lays out why CAS is a crucial foundation for highly profitable advisory services.

The accounting standards update aims to improve financial accounting and disclosures about activities related to environmental credits and obligations.

The case centers on PwC's auditing work for Evergrande, an emblem of China's property crisis since it defaulted in 2021.

The American Institute of CPAs approved a standards update to modernize how CPAs get audit evidence via external confirmation procedures.

The Financial Accounting Standards Board decided to add several projects to its technical agenda.