Accounting standards

The American Institute of CPAs has updated its practice aid on digital assets with a new chapter on auditing cryptocurrency lending and borrowing transactions.

The Public Company Accounting Oversight Board postponed the effective date for QC 1000, "A Firm's System of Quality Control," as well as other standards, rules and forms, by one year.

Accountants have become key members of U.K. soccer clubs to find ways around spending rules and salary caps.

Government contractors are feeling the revenue effects of executive orders from the Trump administration and cuts from the Department of Government Efficiency.

The International Accounting Standards Board issued a set of amendments to IFRS 19 Subsidiaries without Public Accountability: Disclosures.

The FAF Board of Trustees selected Dalia Blass to serve as its new board chair and appointed Erin Hill as the FAF's new executive director.

The International Auditing and Assurance Standards Board posted new documents to help jurisdictions implement its recent standard on sustainability assurance.

Canadian CPAs with three or more years of experience reported a national median salary of $154,000 in 2024, up from $143,000 the prior year, according to a Leger study.

Bloomberg Tax and Accounting launched an embedded solution to help users adhere to the FASB Accounting Standards Update that concerns income tax disclosures.

To those who might remember this column that ran for more than 20 years, and to those who don't, it took something especially egregious to bring me back.

The deal adds a Massachusetts firm that specializes in providing outsourced accounting solutions to small federal government contractors and grantees.

Infinite Ties, a client advisory services education and training platform, launched a yearlong learning track designed for professionals working in CAS.

A CAS practice is almost tailor-made for the needs and interests of today's young professionals.

CAS expert Kane Polakoff digs deep into the current staff of client advisory services, and how this fast-growing service offering is rapidly evolving.

The International Ethics Standards Board for Accountants weighed in on private equity investment in accounting firms and ethical and independence concerns.

The Financial Accounting Standards Board is offering optional guidance on the measurement of credit losses for accounts receivable and contract assets.

The International Federation of Accountants welcomed Fiona Campbell as the new chair of the Forum of Firms, succeeding David Isherwood, effective July 23, 2025.

The examples show how companies can improve the reporting of uncertainties in their financial statements using climate-related examples as practical illustrations.

Client advisory services are proving to be a game changer in how accounting firms engage with their clients, especially when fused with tax advisory services.

The Public Company Accounting Oversight Board sanctioned Centurion ZD CPA & Co. and Chan Kam Fuk, permanently revoking the firm's registration and permanently barring the owner.