Accounting standards

The bank should have booked provisions for more than $20 billion worth of government bonds that it had accumulated in its portfolio, the auditor said.

The board proposed revisions to its current going concern standard with the goal of improving transparency and consistent practices.

The foundation is adding a place on its website where people can raise concerns about the standard-setters not following due process.

A new report reminds auditors of the need to critically assess their own firm's capabilities and get a better understanding of the company they're auditing.

The International Public Sector Accounting Standards Board hopes to find common ground for government sustainability disclosures.

Finance professionals felt a little more upbeat about the world economy in the first quarter of the year, according to a recent survey.

The trial of Markus Jooste was halted on day one after he was unable to leave his home country South Africa.

Silicon Valley Bank overinvested in long-term bonds, so there was a high likelihood that those bonds would have to be sold prior to their maturity.

At the time of the audit failures, Luceco was the parent of a group of companies producing lighting products and wiring accessories.

EY's U.S. business is embarking on a $500 million cost-saving program over the next 12 months.

It's not about billing, though — it's about making sure you're focusing your efforts on the right things.

The Big Four firm's top leaders halted a planned breakup of the firm after the U.S. affiliate decided not to take part.

The board released final revisions as the accounting profession adapts to rapid digitalization.

The Financial Accounting Standards Board proposed updates to its U.S. GAAP Financial Reporting Taxonomy to reflect a new proposed standard on crypto assets.

The board announced the selection of Rachel Scott, a doctoral student in accounting at the University of Georgia, as the recipient of its 2023 award.

Officials at Dubai's Virtual Assets Regulatory Authority have in recent weeks asked Binance to provide more information on its ownership structure, governance and auditing procedures.

The enterprise software developer fell the most ever in a single day after Kerrisdale Capital alleged "serious accounting and disclosure issues."

The board will initially allow companies to focus on disclosures around climate when they issue reports based on the ISSB's first two draft standards.

The decision is the harshest regulatory consequence yet for the firm since Wirecard's demise almost three years ago.