Accounting

The technology arm of the AICPA is seeking participation in its newly opened survey of client advisory services providers.

The Governmental Accounting Standards Board released new guidance to provide a unified accounting treatment for compensated absences of state and local government employees and simplify the disclosure work.

Ernst & Young plans to invest $1 billion in next-generation assurance technology for its audit teams around the world to leverage as part of an overall $2.5 billion four-year commitment.

Effective June 7, isolation of Russia includes sanctions prohibiting U.S. accounting firms — even U.S. firms operating from offices overseas — from providing a variety of services to Russian individuals and entities.

Crypto companies that have been trying to go public since last year’s boom remain stuck in a lengthy back-and-forth with U.S. regulators, adding to the pile of challenges facing the industry.

Business executives who assume their companies are highly trusted by consumers are overestimating their level of trust, according to a new PwC survey.

At its annual conference this week, the IMA put a spotlight on how accountants are dealing with challenges like inflation and supply chain shortages.

The Financial Accounting Standards Board is asking its stakeholders to provide feedback on whether it should work on a new standard to account for government grants while building on an existing international standard.

The board released guidance Monday to improve the accounting and financial reporting requirements for state and local governments.

A new analysis finds that when renewable energy credits — which have come under heavy scrutiny — are removed from companies’ carbon accounting, many businesses are no longer on track for meeting climate goals pegged to the Paris Agreement’s aims of limiting global warming to 1.5° or 2° Celsius.