Financial reporting

The Governmental Accounting Standards Board is asking for help as it develops a comprehensive model for revenue and expense recognition for state and local governments.

So long, farewell, auf wiedersehen, goodbye! Profs. Miller and Bahnson are ending their two-decade run.

The U.K. Financial Reporting Council opened a probe into KPMG LLP’s audits of Carillion Plc, after the builder collapsed under a mountain of debt earlier this month.

The Financial Accounting Standards Board’s Emerging Issues Task Force plans to propose new rules for how to deal with cloud computing service costs.

The Financial Accounting Standards Board has issued an accounting standards update to clarify how to apply the new lease accounting standard to land easements, simplifying adoption of the standard for some easements.

General Electric Co. is under investigation by U.S. regulators after taking a larger-than-expected charge in its finance division, dealing a new black eye to a company once enshrined as an icon of American business.

Marisa Garcia, a managing director at CohnReznick Advisory, talks about how FASB’s new standard may affect some industries differently.

Mandatory quarterly reporting by public companies can lead to a short-sighted focus on near-term results, according to a new academic study.

Four more Staff Q&A documents deal with various financial accounting and reporting implementation issues.

Financial institutions are getting ready for the Financial Accounting Standards Board’s new credit loss standard, though some are dragging their heels, even as the effective date approaches.