Financial reporting

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.

The board voted to add a project to improve the accounting for and disclosure of certain digital assets, such as cryptocurrency.

New rules make the accounting easier, but traps remain for awards that are not carefully structured. Don’t procrastinate.

Many companies report adjusted, “non-GAAP” earnings, but some companies take it a step further.

A former Domino’s accountant settled charges that used confidential information to trade ahead of the company’s earnings announcements.

Accounting-related securities class-action lawsuits filings and settlements declined sharply last year, reversing a three-year trend.

The total value of goodwill impairments recorded by U.S. public companies more than doubled in 2020 during the first year of the COVID-19 pandemic, according to a new study, and the same may happen again this year as geopolitical tensions rise.

The state says it has already uncovered evidence that the Trump Organization used faulty valuations on financial statements to get loans.

The competing sustainability standard-setters have come under increasing pressure in recent years to do more to align their sometimes conflicting standards.

Here’s why it’s important to consider the valuation implications when executing a reverse merger.

From ESG requirements to global tax reform, this handful of developments is worth paying attention to in 2022.

Companies are undoubtedly raising prices. The question is whether they are exploiting a surge in consumer demand or merely passing on their own higher costs.