Financial reporting

The IFRS Foundation, the group that oversees the International Accounting Standards Board and its work on International Financial Reporting Standards, issued its annual report for 2016 on Tuesday, with a look ahead at where global standards are expected to go this year.

The number of public companies filing their financial statements with the Securities and Exchange Commission has shrunk dramatically in recent decades, according to a new report.

Now that the political battles of the 1990s are past, FASB should be able to correct these deficient practices.

A gold industry trade group is looking to set up a common financial reporting framework for the lucrative commodity.

The former Microsoft CEO has launched a new organization to share data about the U.S.

Nominations for the Private Company Council are due by April 24.

However, companies are not prioritizing a tech budget to address these issues.

The conglomerate’s auditors, PwC Arata, could not form an opinion on its results.

Billion-dollar firms continue to dominate in the audit market.

Class-action securities lawsuit filings alleging accounting wrongdoing rose 33 percent to 93 last year, the highest level since 2008 and the fourth consecutive annual increase, according to a new report, while settlement values for accounting-related cases reached their highest level of the past nine years.