Financial reporting

Former President Donald Trump's company will have many of its business activities overseen by an outside monitor until New York Attorney General Letitia James's lawsuit alleging fraudulent asset valuations is resolved, a judge ruled.

The Financial Accounting Standards Board issued a proposed accounting standards update to give investors more information about a joint venture's financial statements.

Public companies that have to disclose bad news to regulators are likely to issue press releases announcing unrelated news to distract investors.

The board is proposing to require companies to disclose more detailed information about the different segments of their business.

The Financial Accounting Standards Board issued an accounting standards update to improve transparency about the use of supplier finance programs for investors and other capital providers.

The commission's Investor Advisory Committee suggested reforms to the way the board operates.

Lawyers and agents have always bemoaned "Hollywood accounting," in which studios overstate costs and disguise profits so as not to share proceeds with financial partners.

Trump and the committee reached agreement on the turnover of the records from Mazars USA, Trump's former accounting firm.

Finance pros are looking for an exit strategy, but many don't feel prepared to do an IPO.

The former CFO fell to his death from a Manhattan skyscraper and is being replaced by the chief accounting officer.