Financial reporting

The profiles and priorities of CFOs around the world are undergoing a transformation, according to a new report from Ernst & Young.

There’s more cash sitting on company balance sheets than ever before. For the first time since 2012, that’s not enough.

Public companies in the U.S. are doing more to burnish the results they present to investors than ever before. It isn’t working.

Auditors face numerous challenges when it comes to helping clients understand financial reporting issues related to accounting for intangible assets acquired in a business combination.

Despite comprising nearly half of our country’s population, women hold significantly fewer positions of leadership than their male counterparts. This is across the board, spanning both the public and private sectors.

Inventory management is the practice of planning, directing and controlling inventory so that it contributes to the business' profitability.

The head of the International Accounting Standards Board is echoing concerns abroad also voiced by leaders of the U.S. Securities and Exchange Commission about the increasing use of non-GAAP measures in the financial statements of public companies.

Wesley Bricker, deputy chief accountant with the Securities and Exchange Commission, is echoing concerns from other top SEC officials about the over-reliance on non-GAAP measures in financial reporting.

Finance is changing, and that much is clearly evident whether you are employed at a public firm, private industry or academia.

As a management accountant and a CEO, I know first-hand the field continues to grow and expand. I was happy to learn that the Bureau of Labor Statistics expects management accountants and auditors to experience double-digit growth through 2024.