Financial reporting

Former President Donald Trump must hand over financial records to a Congressional committee investigating his potential conflicts of interests.

The ASU aims to increase the comparability of financial information across reporting entities that have investments in certain equity securities.

The Financial Accounting Standards Board issued a report summarizing the feedback it received last year on the projects it should pursue in the future.

The chemical and automotive fluid manufacturer will realign its business units in the wake of a bookkeeping investigation triggered by whistleblowers.

The board has decided to set aside a long-running project that would have required companies to amortize goodwill on a straight-line basis over 10 to 25 years.

The Financial Accounting Standards Board is asking its stakeholders to provide feedback on whether it should work on a new standard to account for government grants while building on an existing international standard.

Errors and misstatements were headed down, according to a report from Audit Analytics, but instead they hit a 15-year high.

Sen. Ron Wyden asked for more information about the firm's disclaimer that a decade’s worth of financial statements should no longer be considered reliable.

Organizations need to be ready to face these five challenges to environment, social and governance disclosures.

Columnist emeritus Paul Miller returns for another installment of “The Spirit of Accounting” to ask if standard-setting should be taken out of accountants’ hands.