Financial reporting

Corporate executives and their accountants have long contended that the use of adjusted earnings, which ignore costs like acquisition expenses, interest payments or just about anything they find inconvenient, gives investors a better picture of companies’ performance. Under no circumstances is it manipulation, they say. But a new study suggests it just might be.

The Trump administration dropped a two-year-old accounting probe into Exxon Mobil Corp.’s valuation of its reserves and public disclosures about climate change, while inquiries by two Democratic-led states continue.

Walgreens, CVS and AT and T top the list of U.S. companies with the most operating lease liabilities that will need to be added to their balance sheets under the new leasing standard, according to a new report.

Steinhoff International Holdings NV said the former head of finance in Europe has left the boards of two key units as an investigation into the scandal-hit retailer’s inaccurate accounts deepens.

The U.S. Securities and Exchange Commission has sought details from India’s ICICI Bank Ltd. on its accounting and corporate governance practices, people familiar with the matter said.

A primer on the most important forms in Securities and Exchange Commission reporting.

The Financial Accounting Standards Board released a set of mostly minor revisions and technical corrections to the lease accounting standard.

A new Financial Accounting Standards Board disclosure requirement makes several material changes to U.S. GAAP.

Bill.com introduces International Business Payments, and DocuWare upgrades information management forms.

Companies that refer to trade secrets in their Form 10-K annual reports are at greater risk of cyberattacks from criminals who are intent on uncovering them, according to a team of accounting researchers.

Axiom, a provider of legal contract technology, has introduced the Contracts Intelligence Platform for Lease Accounting to help organizations uncover embedded leases that are subject to the new lease accounting standard.

KPMG is partnering with analytics provider SAS on helping banks make the transition to the current expected credit loss, or CECL, accounting standard that begins to take effect in January 2020.

More and more companies say they can see the future, but only through their rainbow-tinted kaleidoscopes.

More entities can now qualify for the scaled-back rules.

The technology promises to reduce the amount of preparation time and effort for financial filings and make them more readable.

The software provider specializes in helping companies get ready for the lease accounting standard.

Organizations are emphasizing hiring of technology employees in accounting and finance.

The changing revenue recognition and leasing rules are prompting various strategies to deal with them.

The Financial Accounting Standards Board hopes to improve the financial reporting for stock compensation.

Wesley Bricker, chief accountant at the Securities and Exchange Commission’s Office of the Chief Accountant, told attendees at the Institute of Management Accountants’ annual conference in Indianapolis on Tuesday about the vital role he sees them playing in financial reporting.