Financial reporting

Axiom, a provider of legal contract technology, has introduced the Contracts Intelligence Platform for Lease Accounting to help organizations uncover embedded leases that are subject to the new lease accounting standard.

KPMG is partnering with analytics provider SAS on helping banks make the transition to the current expected credit loss, or CECL, accounting standard that begins to take effect in January 2020.

More and more companies say they can see the future, but only through their rainbow-tinted kaleidoscopes.

More entities can now qualify for the scaled-back rules.

The technology promises to reduce the amount of preparation time and effort for financial filings and make them more readable.

The software provider specializes in helping companies get ready for the lease accounting standard.

Organizations are emphasizing hiring of technology employees in accounting and finance.

The changing revenue recognition and leasing rules are prompting various strategies to deal with them.

The Financial Accounting Standards Board hopes to improve the financial reporting for stock compensation.

Wesley Bricker, chief accountant at the Securities and Exchange Commission’s Office of the Chief Accountant, told attendees at the Institute of Management Accountants’ annual conference in Indianapolis on Tuesday about the vital role he sees them playing in financial reporting.

The Financial Accounting Standards Board’s Emerging Issues Task Force has made decisions on some new rules.

The City of Brotherly Love ranked at the bottom of the top 10 biggest U.S. cities.

A long-awaited standards update will clarify a key issue in the not-for-profit world.

The software developers have integrated their offerings to help companies tackle the complex new rev rec standard.

A new study finds companies that have the ability to recoup compensation from managers generally try to protect the integrity of their accounting.

The Government Finance Officers Association honored New York City Comptroller Scott Stringer for excellence in financial reporting.

The accounting practices associated with share-based compensation have evolved from the ridiculous to the barely sensible.

The Tax Cuts and Jobs Act made far-reaching changes to the tax code and resulted in significant tax accounting modifications.

There are many novel and unresolved accounting and tax issues in initial coin offerings that haven't received much attention.

With the effective date for the new lease accounting standard taking effect at the end of the year for public companies, many are finding themselves unprepared and their accounting systems in need of an upgrade.