Accounting standards

A look at challenges and opportunities faced by accounting researchers in contributing to the world of academia and business.

Despite the higher premiums they can charge when operating at capacity, the lack of qualified candidates is spelling trouble for firms who are running on skeleton crews.

Management at the Brazilian retailer told auditor PwC and its audit committee there were no supply-chain financing ops, but gave securities regulators conflicting information.

Slowly but surely, more private businesses are adopting the new standard as they face demands to put their operating leases on their balance sheets.

The board proposes modifying IFRS 9 to deal with assets with environmental, social and governance features, as well as electronic payment systems.

By taking advantage of vertically integrated ecosystems, accounting firms of all sizes can optimize their time on client-facing activities, have more balance, and bring more joy to their work.

Richard Eckstrom told lawmakers he had unintentionally exaggerated the state's cash position by $3.5 billion.

The Ministry of Finance said it found 'serious audit deficiencies' in the Big Four firm's audits of Huarong of troubled bad-debt manager Huarong.

Investors and analysts had complained that the existing disclosures don't offer enough information.

A recent survey has found that while a solid majority of small and midsized businesses want to improve their spend management, few CPA firms offer services to help them.