Financial reporting

The Governmental Accounting Standards Board has released an “omnibus” statement providing guidance on a wide range of accounting and financial reporting issues that have been uncovered during the implementation and application of some of GASB’s earlier pronouncements for state and local governments.

The Anti-Fraud Collaboration, a coalition of the Center for Audit Quality, Financial Executives International, the Institute of Internal Auditors and the National Association of Corporate Directors, has released a new report on how organizations on can deter fraud and improve financial reporting.

The Securities and Exchange Commission has given its approval to the 2017 GAAP Financial Reporting Taxonomy, the annually updated set of accounting standards built using computer-readable tags.

The latest edition of the book covers recent changes from the Financial Accounting Standards Board.

The new chief of the International Integrated Reporting Council is aiming to build support for integrated reporting in the U.S. as the IIRC begins to gather feedback on how companies are implementing it.

The Financial Accounting Standards Board has released an update to improve the financial reporting on pensions and other post-retirement benefits.

With as much as $3 billion on the line, Jon Corzine is trying again to explain away a spectacular blot on his business legacy.

Medbox founder agrees to disgorge $12M and banning

The SEC has been increasingly focused on their use, fearing they may be painting a rosier picture than GAAP-based metrics.

The International Integrated Reporting Council is asking for comments on how companies are using the framework it issued three years ago for reporting on matters beyond simply a company’s financials.