Accounting standards

The former executive team at the Brazilian retailer created false advertising contracts as a way to reduce costs on the balance sheet.

The Financial Accounting Standards Board released a new chapter of its Conceptual Framework describing a reporting entity.

Fieldguide announced the release of its new Fieldguide AI, a new solution aiming to bring generative AI to accounting advisory services.

The CEO of BDO USA shares the importance of not taking credit, and how to go from $1 a day to $2.8 billion a year.

The proposal would toughen the requirements for the auditor's responsibility to consider a company's noncompliance with laws and regulations, including fraud. 

Australian Retirement Trust, which manages A$240 billion ($159 billion) for 2.2 million members, "will not be undertaking any new contracts with PwC at this time."

PricewaterhouseCoopers handed over the names of 76 current or former partners associated with its tax leaks scandal to Australian lawmakers.

AustralianSuper is assessing the fallout from the embattled accounting firm's tax advice scandal.

Separately, IFAC issued guidance on greenhouse gas reporting with the We Mean Business Coalition.

The auditor cited insufficient disclosures around the company's transactions with certain entities.

The pace of issuance and implementation of new GASB statements continues to accelerate.

The Big Four firm has been under fire following revelations that a former senior partner leaked secret information on tax policy to colleagues.

The International Accounting Standards Board added new disclosure requirements with the goal of improving the transparency of supplier finance arrangements.

You're not building a client advisory service practice to focus on things that don't matter.

The board is adding a major project on accounting and financial reporting for infrastructure assets to its technical agenda.

The amendments give companies temporary relief from accounting for deferred taxes arising from the OECD's Pillar Two rules.

Ernst & Young has been trying to recruit more young people to join the accounting profession, but the recent cancellation of plans for splitting the global network has left the firm dealing with uncertainty.

The International Federation of Accountants wants more accounting organizations to get involved in combating corruption around the world.