Financial reporting

Companies should begin to plan now how to incorporate the new standards and update procedures for the Financial Accounting Standards Board’s accounting updates on two significant topics: revenue recognition and lease accounting.

The Big Four firm topped all auditing firms in new engagements.

Many companies may be engaging in revenue management, along with earnings management, to meet or beat analyst expectations, particularly in the technology and health care industries, according to a new study.

A pair of accounting professors has written a paper proposing a way to communicate accounting complexity.

With the right tools and process control, most organizations don’t need to outsource their financial planning and analysis.

The patent-pending, cloud-based GRC platform manages five major business governance activities.

The Governmental Accounting Standards Board released a pair of implementation guides with questions and answers explaining several GASB standards.

The Association of Chartered Certified Accountants welcomed top officials from some of the world’s leading accounting organizations to an event highlighting the growing importance of integrated 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.

The American Institute of CPAs’ Financial Reporting Executive Committee has issued 11 new working drafts to help four different industries deal with the upcoming revenue recognition accounting standard.

The Financial Accounting Standards Board has released an accounting standards update that changes the treatment of the amortization of premiums for purchased callable debt securities, shortening the amortization period for the premium to the earliest call date.