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The Financial Accounting Standards Board decided to pursue targeted improvements to its rules for accounting for and disclosing software costs, instead of a single overarching model.
March 22 -
Grifols SA shares dropped as investors evaluated a regulatory review of the Spanish bio-science company's financial reports, which found "relevant deficiencies" but no major accounting mistakes.
March 22 -
Markus Jooste allegedly took his own life after being notified of arrest warrants over an accounting scandal.
March 22 -
Chinese authorities are ramping up pressure on the global accounting giant that audited a slew of developers before the sector's meltdown.
March 22 -
Businesses will get help determining whether profits interest and similar awards should be accounted for as share-based payment arrangements.
March 21 -
The modern chief financial officer is increasingly tasked with risk management, including identifying and mitigating various risks such as cyberthreats and regulatory compliance issues.
March 21South African Institute of Professional Accountants -
A former employee of U.K. tech mogul Mike Lynch's Autonomy Corp. told jurors at his U.S. criminal trial that she and one of her higher-ups were both fired after flagging concerns about accounting irregularities.
March 21 -
Companies lose an estimated 5% of their revenue each year due to fraud, according to a report from the Association of Certified Fraud Examiners.
March 20 -
Mike Lynch's Autonomy Corp. used a number of accounting tricks to make its revenue growth appear better than it was, say prosectors.
March 20 -
The Public Company Accounting Oversight Board sanctioned an Israeli auditor and her firm for violating the PCAOB's rules in several audits, imposing a $200,000 penalty.
March 19