Audit

The International Accounting Standards Board is asking for feedback on a proposal Monday to postpone the date when entities need to change some aspects of how they account for transactions between investors and associates or joint ventures.

Willingness to manipulate earnings helps individuals succeed in corporate accounting, according to a new academic study.

Noble Group, the commodity trader battling criticism of its accounting, stepped up its public defense by publishing an auditor’s report in support of its practices.

The Financial Accounting Standards Board has released two proposed accounting standards updates related to derivatives and hedging.

Thomson Reuters has introduced the Corporate CPE Network to provide corporate professionals with information, recommendations and best practices to educate them on new tax law and accounting requirements.

The Securities and Exchange Commission announced charges Thursday alleging that Miller Energy Resources Inc., its former chief financial officer, and its current chief operating officer inflated values of oil and gas properties, resulting in fraudulent financial reports for the Tennessee-based company.

The last of Bernard Madoff’s employees to be sentenced in the largest Ponzi scheme in U.S. history was ordered to serve six months in prison after pleading for mercy because of his failing health.

The Securities and Exchange Commission has adopted a final rule requiring public companies to disclose the ratio of the compensation of their CEOs to the median compensation of their employees.

Serving nonprofit clients requires a distinct skillset from CPAs and auditors.

Check out the digital edition of the August 2015 issue of Accounting Today.

Nonprofit organizations make accounting errors at a relatively high rate, in part because they try to avoid devoting a high percentage of their funding to administrative costs, according to a new study.

Word that the U.S. Marine Corps had passed an audit of its books was such a cause for celebration that a ceremony was staged last year in a Pentagon hall usually reserved to honor battlefield bravery.

Thomson Reuters has introduced the Checkpoint Learning Forensic Accounting Certificate Program for CPAs and other accounting and audit professionals to help them build competencies in forensic investigation, related process, and litigation support while earning continuing professional education credits.

Accounting Today editor-in-chief Dan Hood previews the August issue in this summer camp video.

The International Auditing and Assurance Standards Board has released an exposure draft proposing changes to how auditors should handle engagements reporting on summary financial statements.

In an age of stepped-up regulation and enforcement, accountants and their clients need to know how to cope with a variety of different agencies, including the Securities and Exchange Commission and the Public Company Accounting Oversight Board.

The Financial Accounting Standards Board has issued a three-part accounting standards update for employee benefit plans accounting as part of its efforts to simplify the accounting rules.

Profs. Miller & Bahnson dive deep into the standard-setter in an all-new edition of a classic text

The Financial Accounting Standards Board is beginning to hear from not-for-profit organizations and their accountants about the far-reaching changes it has proposed in reporting by nonprofits, and finding there are some disagreements, even among FASB’s own leaders.

Global standards advocates need to understand the problems