Accounting standards

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.

Banks have been reclassifying their losses to avoid taking steep write-downs that could be helping them stay in business.

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.