Audit

The six largest audit firm networks have agreed with international audit regulators on a new initiative to achieve a measurable reduction in audit deficiency findings by 2019.

Helen Brand, chief executive of the Association of Chartered Certified Accountants, is on a mission to expand accounting education across the world.

Check out the digital edition of the March 2016 issue of Accounting Today.

The Financial Accounting Standards Board’s new lease accounting standard could have some positive payoffs for companies if they take a careful approach to implementing it.

Nearly three out of four organizations now include cybersecurity risks in their internal audits, a big jump from last year, according to a new survey.

Two professors argue that financial reporting and accounting standards are increasingly irrelevant.

Bloomberg BNA has published a special report to help accountants prepare for the Financial Accounting Standards Board’s new leasing standard.

It’s generally accepted that a lot of accounting isn’t, well, generally accepted.

Not everyone is hailing the Financial Accounting Standards Board’s new lease accounting standard, including one FASB member who voted against the standard, and a key investor group that has also expressed qualms.

Financial reporting economics: It’s a good idea to supply what’s demanded

A pair of Democrats have introduced legislation in Congress to expand protections for financial whistleblowers to close some loopholes in the Dodd-Frank Act that have been exploited by some employers.

High tax rates and cybersecurity are among the most pressing concerns of CFOs at technology companies, according to a new survey by BDO USA.

The Equipment Leasing and Finance Association, a trade association that represents companies in the equipment finance sector, had been pushing back against some of the earlier versions of the new lease accounting standard that were proposed in recent years, but it is satisfied with the final standard.

Now that the Financial Accounting Standards Board has released its long-awaited lease accounting standard, companies and their accountants will need to get ready to put their operating leases on the balance sheet.

The Financial Accounting Standards Board issued its long-awaited lease accounting standard Thursday, one of the major convergence projects on which it has collaborated for a decade with the International Accounting Standards Board.

The Financial Accounting Standards Board is expected to release its long-awaited lease accounting standard Thursday.

A post-implementation review of the Financial Accounting Standards Board’s 1997 standard on earnings per share found the standard generally achieved its purpose.

Christine Ann Botosan, an accounting professor at the University of Utah’s David Eccles School of Business and a former president of the American Accounting Association, has been appointed as the newest member of the Financial Accounting Standards Board.

Chief audit executives are not so confident about the accuracy of the data their companies rely on to make decisions.

The American Institute of CPAs’ Accounting and Review Services Committee has issued an interpretation on reviews of financial statements.