Financial reporting

The Financial Accounting Standards Board released a new chapter of its Conceptual Framework describing a reporting entity.

The International Accounting Standards Board added new disclosure requirements with the goal of improving the transparency of supplier finance arrangements.

Internal auditors are in especially high demand by businesses that have faced recent public failures, according to a new study.

The board has been receiving comments as it works to impose the first rules ever for how companies should report on their cryptocurrency holdings.

Illustrative guidance would help determine whether the extra money companies hand out to execs should be accounted for as share-based payments.

Enforcement actions increased 55% in 2022, although total monetary settlements were down more than 60%.

Silicon Valley Bank overinvested in long-term bonds, so there was a high likelihood that those bonds would have to be sold prior to their maturity.

Finance executives are increasingly relying on the concept of "continuous improvement" as a way to navigate today's uncertain economy.

The enterprise software developer fell the most ever in a single day after Kerrisdale Capital alleged "serious accounting and disclosure issues."

Banks have been reclassifying their losses to avoid taking steep write-downs that could be helping them stay in business.

The committee released a study Thursday on how to apply its widely used internal control framework to sustainability reporting.

A wide range of entities — including many small businesses — will have to report their 'beneficial ownership' starting Jan. 1, 2024.

A new law promises to increase the accessibility of government financial information.

The board issued an ASU to ease the guidance for applying the leasing standard to arrangements between entities under common control.

Slowly but surely, more private businesses are adopting the new standard as they face demands to put their operating leases on their balance sheets.

New York Attorney General Letitia James asked a state judge to force Whitley Penn to produce documents and testimony in her lawsuit against Donald Trump.

The Zurich-based bank said it will take steps to fix ineffective checks on the process it follows to pull together its financial reports.

A short seller says the problems that triggered the bank's death spiral were clear from the firm's earnings reports.

Shares in the Swiss bank sank after it said it was delaying its annual report following a last-minute query by U.S. regulators over previous financial statements.

Cracks are forming in the trajectory of profits, and just as worryingly in the makeup of the profits themselves.