Financial reporting

New York’s attorney general asked a judge to order Donald Trump and two of his adult children to testify under oath as part of a civil probe.

Dysfunctional and manual financial reporting processes are expected to cost U.S. businesses $7.8 billion this year, according to a new report.

The GRT, SRT and DQCRT are available for review, but still await final SEC approval.

The projects have been prioritized based on stakeholder feedback in response to the board’s June invitation to comment.

Consistent environmental, social and governance standards are gaining support internationally, according to a new poll.

ARA Holdings Inc. is settling for a $2 million penalty.

The Federal Accounting Standards Advisory Board released an interpretation of the accounting rules around reporting debt cancellation for the federal government.

The staff at the Securities and Exchange Commission released guidance Monday for companies about how to properly recognize and disclose compensation costs for “spring-loaded awards” they hand out to executives.

The Financial Accounting Standards Board issued a proposed accounting standards update that would expand the disclosures under its credit losses standard.

More companies have issued financial restatements in the second quarter of 2021 than any year since 2013, driven in part by recent SEC guidance on SPACs.