Financial reporting

Japanese electronics giant can't seem to get past accounting problems.

The Financial Accounting Standards Board has released the 2017 GAAP Financial Reporting Taxonomy, although final acceptance by the Securities and Exchange Commission is still pending.

Some non-GAAP financial measures are more kosher than others, and the SEC is looking to provide better guidance.

After months of sluggishness, a recent uptick in M&A activity could mean zero-based budgeting is having its own moment in the spotlight. A form of budgeting that scrutinizes costs across every part of the business, ZBB often comes into its own in the wake of an M&A deal.

Accountants are no different than anyone else at the company during holiday time. We get swept up in heartwarming nostalgia when we hear holiday music, smell and taste delicious baked goods, and are invited to extend our lunch hours or leave the office early to get our shopping done before the crowds.

Officials from the Securities and Exchange Commission and the Center for Audit Quality discussed the effort to rein in the use of non-GAAP financial measures during an American Institute of CPAs conference Monday.

Audit deficiencies at public companies decreased for the first time in five years in 2015, but remain high, according to a new analysis.

The American Institute of CPAs’ Financial Reporting Executive Committee has issued new working drafts on how the new revenue recognition rules will affect certain industries, including airlines and gaming.

Company audit fees rose by a median 3.2 percent in 2015, according to a new study.

The Governmental Accounting Standards Board has issued a proposed Implementation Guide to help users better understand and apply the board’s statements.