Financial reporting

The Council of Institutional Investors is asking the Securities and Exchange Commission to require companies to explain any non-GAAP metrics used to set executive compensation within their proxy statements.

The president and the Trump Organization have asked a U.S. judge to reject a Congressional subpoena seeking business records from his longtime accounting firm Mazars USA LLP.

The web-based tool employs machine learning technology to estimate an incremental borrowing rate curve for the leasing standard.

The Financial Accounting Foundation’s board of trustees has appointed Susan M. Cosper, technical director of the Financial Accounting Standards Board, as a member of the FASB board.

Companies report fluctuations in revenue and expenses over time in a way that makes the earnings growth look steady across quarters.

There were fewer total settlements in 2018, but the dollar figures involved increased more than fivefold.

House Oversight and Reform Committee Chairman Elijah Cummings said he’ll subpoena documents on Monday from an accounting firm tied to President Donald Trump.

The financial institution expects to increase reserves by about $5 billion for implementation of the current expected credit loss standard.

Approximately 40 percent of private companies are behind schedule on the new leases standard or haven’t started getting ready yet.

Both public and private companies are struggling with implementing the new lease accounting standard, according to a new survey by Deloitte.