Accounting standards

Plus, GBS Tax and Bookkeeping rebrands as Cleer Tax and Bookkeeping; ITA looks for new president; and other news from the accounting tech world.

The board released an update to improve how companies disclose investments in tax credit structures by letting them use proportional amortization.

IOSCO is encouraging the development of a more global assurance framework for sustainability-related corporate reporting.

The Public Company Accounting Oversight Board voted to update a group of old interim standards it inherited from the AICPA in 2003.

A new law promises to increase the accessibility of government financial information.

The board levied a $100,000 fine and censured Friedman LLP, a former Top 100 Firm that's now part of Marcum for improper use of Chinese audit firms.

The boards are moving to a new oversight body called the International Foundation for Ethics and Audit.

Accountants are well positioned to counter corruption and economic crime at the global and domestic levels.

The board issued an ASU to ease the guidance for applying the leasing standard to arrangements between entities under common control.

China will strengthen regulations on the CPA sector, a deputy finance minister told Deloitte after the the Big Four firm was hit by a record fine.