Accounting standards

Gary Gensler has been encouraging the PCAOB to update more of the standards to take into account the way firms are working today.

The inspections add to the challenges facing the Shenzhen-based company at the center of China's real estate crisis.

Five of China's largest state-owned companies announced plans to delist from U.S. exchanges as the two countries struggle to come to an agreement allowing American regulators to inspect audits of Chinese businesses.

The U.K. telecom giant was hit by massive fraud at its Italian unit.

Second quarter 2022 earnings releases by major banks show vastly increasing provisions for credit losses:

The Financial Accounting Standards Board collected feedback from investors on various financial topics.

Erica Williams is throwing cold water on a workaround that’s been floated as a way to avoid delisting of Chinese companies from U.S. stock exchanges.

Sustainability advocates and accountants say the ISSB’s proposals fall short of what’s needed to protect the environment.