Accounting

The FAF, which oversees FASB and GASB, is asking for nominations for at-large trustees.

Nearly half the states are increasing their minimum wages this year, boosting the pay of an estimated 9.9 million workers, according to the Economic Policy Institute.

The average pace of job growth in 2023 remained above the growth rate leading up to the pandemic.

There is no question that inflation can materially impact a business, and F&A teams have the responsibility to monitor and analyze core costs that may be trending upward.

The U.K.'s audit and accountancy regulator has opened an investigation into an accountant following solar farm investments made by a now bankrupt local authority.

Auditor disclosures of client-specific quantitative materiality thresholds, which are required in the U.K. but not the U.S., could be encouraging some businesses to massage their earnings reports.

A study finds the negative effects of such events can lead to pessimistic risk assessments of financial reporting choices and a decline in accrual-based and real earnings management for companies in the impacted areas.

A new online registry opened Monday where companies need to disclose who truly owns or controls them.

The Financial Accounting Standards Board has decided not to add several projects to its technical agenda, including one on commodities, despite requests.