Financial reporting

The crazy news out of Valeant continued this morning with a wild press release announcing, among other things, that Chief Executive Officer J. Michael Pearson is going to leave, but not yet, and that the board asked former Chief Financial Officer Howard Schiller to resign from the board, "but Mr. Schiller has not done so."

Mergers and acquisitions are prompting companies to take risky accounting maneuvers, warns a new report from Deloitte.

The world’s largest banks are incorrectly accounting for their swaps trades, locking up money that could otherwise be paid out as dividends to their shareholders, according to a bold new academic paper.

The Securities and Exchange Commission charged California’s largest agricultural water district Wednesday with misleading investors about its financial condition as it issued a $77 million bond offering, with one of its managers bragging about using “a little Enron accounting.”

The Securities and Exchange Commission has accepted the Financial Accounting Standards Board’s 2016 GAAP Financial Reporting Taxonomy.

Two professors argue that financial reporting and accounting standards are increasingly irrelevant.

It’s generally accepted that a lot of accounting isn’t, well, generally accepted.

Financial reporting economics: It’s a good idea to supply what’s demanded

High tax rates and cybersecurity are among the most pressing concerns of CFOs at technology companies, according to a new survey by BDO USA.

The American Institute of CPAs’ Accounting and Review Services Committee has issued an interpretation on reviews of financial statements.