Accounting

The International Internal Audit Standards Board voted to approve a set of new standards that are expected to be released in January.

The Financial Accounting Standards Board issued an accounting standards update aimed at improving income tax disclosures from companies.

The International Federation of Accountants wants organizations to combine sustainability reporting with their existing internal control and governance frameworks.

The Securities and Exchange Commission approved the board's 2024 budget totaling $384.7 million, up approximately 10%.

Many students lack the financial resources to pay the tuition and fees needed to become CPAs, according to a new report.

The Financial Accounting Standards Board released its long-awaited accounting standards update to improve the accounting for and disclosure of certain cryptoassets.

2024 will be a demanding year for internal auditors who will be facing new requirements and updated standards.

Accounting's most influential share their primary concerns for the profession.

The International Federation of Accountants' planned revisions will include some new and revised learning outcomes to meet the demands for sustainability reporting and assurance.

Bartov testified that he "did not find any evidence of material misstatement" in the former president's financial statements and "no evidence whatsoever for any accounting fraud."