Financial reporting

It's time to treat environmental, social and governance metrics with the same rigor as financial metrics.

The Financial Accounting Standards Board is giving banks some leeway in applying the new credit losses standard.

The Institute wants to postpone the effective date of its new leases standard for one year, citing an overload for financial statement preparers.

Is quarterly reporting really valuable enough to investors to justify the time and cost spent to compile the reports?

With more than three-quarters of public companies already past the effective date, the spotlight is now on private companies.

The global retailer at the center of South Africa’s biggest corporate scandal cut the value of its assets because of accounting irregularities.

Companies that shop around among auditing firms for clean opinions on their financial statements can compromise the objectivity of outside auditors, according to new research.

The American Institute of CPAs’ Auditing Standards Board has posted a group of standards for audit reports and auditing financial statements.

The Securities and Exchange Commission has voted to propose a set of amendments to its rules governing the kind of information provided to investors.

The Governmental Accounting Standards Board has released guidance in the form of questions and answers to help state and local governments apply its standards.

One of China’s largest listed drugmakers said it overstated cash holdings by $4.4 billion, sending its shares and bonds tumbling.

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.