Financial reporting

The average number of critical audit matters per audit report has declined over time, while the proportion of audit reports that communicate only a single CAM has increased.

If money makes the world go round, the accountant is the axis, and managerial accounting is the gravity.

The board issued an ASU to improve accounting guidance for arrangements between entities under common control.

The Financial Accounting Standards Board is proposing a new chapter in its conceptual framework on recognition and derecognition of items in financial statements.

Finance executives from some of the largest U.S. corporations shared their insights on how to operationalize key management concepts.

The movement to convert documents to machine-readable data that computer applications like spreadsheets can use is not new.

The former president's company is blocked from issuing financial statements that don't disclose the "assumptions and techniques" used to value its assets.

Chief financial officers should establish the KPIs and targets for the updated priorities and do this hand in hand with their chief executive officer.

Tyson was found asleep Sunday morning in a woman's bed in her home. She didn't know who he was and called the police.

Average audit fees rose a slight 2.5% from $2,600,677 in 2020 to $2,666,659 in 2021, reflecting increased demands on auditors.