Financial reporting

Financial professionals are confronting some big obstacles when it comes to environmental, social and governance reporting, according to a new survey, including competing and sometimes conflicting disclosure frameworks, reporting methodologies and stakeholder demands.

Boards, shareholders, and auditors alike will want to know CECL’s impact.

The amendments aim to improve the comparability of financial information from companies with investments in equity securities.

A recent statement on corporate reporting says the global profession needs to start with the 2021 reporting cycle.

The company settled claims that it engaged in an expense-management scheme that resulted in inflated earnings.

Government budgets are prepared with “wild, wild west” accounting rules.

The fitness company warned that a price cut would hurt its bottom line, and that it found a problem with the way it accounts for inventory.

Financial analysis, reporting and controls help lay the foundation for business success.

The board has endorsed a recommendation from its Private Company Council that would align accounting rules with the tax treatment of the awards.