Financial reporting

What companies need to know as the IRS shifts its compliance focus

Seeing signs of movement on changing the Tax Code

The Public Company Accounting Oversight Board proposed for public comment a new auditing standard and related amendments to enhance the auditor's reporting model in mid-August.

The Financial Accounting Standards Board has released the latest version of the U.S. GAAP Taxonomy using the data-tagging technology, XBRL, or Extensible Business Reporting Language, which the Securities and Exchange Commission now requires public companies to use with their financial statement filings.

New website, 1st Bridging the Gap Awards and a little more…

The American Institute of CPAs has released guidelines to help privately held businesses determine which accounting framework, including the Financial Reporting Framework for Small- and Medium-Sized Entities, best meets their financial reporting needs.

The accounting profession’s expectations for economic growth remained positive this month, according to the August edition of Accounting Today’s monthly Accountants Confidence Index.

The American Institute of CPAs has opened submissions for its fourth annual Accounting Competition, which challenges teams of undergraduate students to solve topical financial problems for a $10,000 prize.

Understanding what makes a Chief Financial Officer tick has always been important, but today a CFO’s role goes beyond number cruncher to board liaison and CEO advisor—among a number of other demands outside of their typical purview.

The National Association of State Boards of Accountancy has awarded three grants totaling $24,500 to college faculty and postdoctoral researchers to research educational issues that affect the public accounting profession.

Alfred Sloan Award recipients, new website and Camden, N.J. has a new auditor

The Financial Accounting Standards Board has issued a proposal that would exempt many private companies from applying the stringent consolidation guidance under U.S. GAAP to leasing companies under common control.

The board of trustees of the Financial Accounting Foundation, which oversees the Governmental Accounting Standards Board, issued a proposal Tuesday to change GASB’s scope of authority by altering the definition of “financial accounting and reporting information,” and released the results of its latest post-implementation review of GASB standards.

Top 10 Firm BDO USA LLP has expanded its presence in San Antonio by bringing on three partners and 25 staff from Regional Leader TravisWolff.

Alfred P. Sloan Award recipients, best places to work, strategic partnerships and more...

Ernst & Young has donated its historical archives dating back to the early 1900s to Case Western Reserve University.

Accounting firm association PrimeGlobal announced Wednesday that Arthur Place, the managing partner of one of the firms in its association, died on Sunday.

The Financial Accounting Foundation said Wednesday that it plans to start streaming audio from the public sessions of future meetings of its Board of Trustees.

The Institute of Management Accountants has launched a new initiative to endorse undergraduate accounting programs that provide the skills needed for corporate accountants.

Investors are more concerned about improving the quality of financial disclosures rather than simply reducing the quantity of them, according to a new report from the CFA Institute, which takes aim at some recently proposed disclosure reforms that seek to cut down disclosure overload.