Financial reporting

"The accountants worked on it," the eldest son of former president Donald Trump testified in a Manhattan courtroom. "That's what we paid them for."

The CTA and beneficial information reporting may be a game-changer for accounting firms. Here's what you need to know.

The board is incorporating some of the commission's disclosure requirements into its Accounting Standards Codification.

Even though the effective date is less than 90 days away, most businesses are either unaware of the rules, or uncertain how to comply.

Jeffrey McConney testified that he added tens of millions of dollars a year to the former president's annual financial statements for the value of mansions that did not exist.

Trump spoke out in apparent irritation after his lawyer complained he couldn't hear the testimony of the state's first witness, former Mazars USA LLP accountant Donald Bender, who often lowered his voice and mumbled answers.

Donald Bender said that key information about asset valuations was missing from Trump Organization financials, and that he wouldn't have signed off on them had he known.

Tuesday will start off with more testimony from his former accountant Donald Bender. The next witness is expected to be Camron Harris, an audit partner with Trump's new accounting firm Whitley Penn LLP.

When inflation is high, industry professionals turn to inflation accounting strategies to increase accuracy in financial analysis and reporting.

The New York judge who ruled the former president committed fraud by inflating the value of many of his assets also authorized AG Letitia James to cancel certificates for companies that hold those assets.