Financial reporting

The costs of the finance and accounting function at many companies are expected to climb in the next few years, according to a new survey.

Oracle Corp. and its top executives were sued by an investor who blames his stock losses on allegations by a former finance executive that the cloud computing giant doctored its quarterly results.

New York’s highest court again rejected a bid by former American International Group Inc. Chairman Maurice “Hank” Greenberg to dismiss the state’s decade-old fraud suit against him, clearing a path for a trial.

The XBRL US Data Quality Committee has released an analysis showing big improvements in the quality of filings in Extensible Business Reporting Language format by companies that follow a new set of validation rules.

The number of financial restatements from companies fell nearly 14 percent last year to the lowest number since 2002, according to a new report.

The profiles and priorities of CFOs around the world are undergoing a transformation, according to a new report from Ernst & Young.

There’s more cash sitting on company balance sheets than ever before. For the first time since 2012, that’s not enough.

Public companies in the U.S. are doing more to burnish the results they present to investors than ever before. It isn’t working.

Auditors face numerous challenges when it comes to helping clients understand financial reporting issues related to accounting for intangible assets acquired in a business combination.

Despite comprising nearly half of our country’s population, women hold significantly fewer positions of leadership than their male counterparts. This is across the board, spanning both the public and private sectors.

Inventory management is the practice of planning, directing and controlling inventory so that it contributes to the business' profitability.

The head of the International Accounting Standards Board is echoing concerns abroad also voiced by leaders of the U.S. Securities and Exchange Commission about the increasing use of non-GAAP measures in the financial statements of public companies.

Wesley Bricker, deputy chief accountant with the Securities and Exchange Commission, is echoing concerns from other top SEC officials about the over-reliance on non-GAAP measures in financial reporting.

Finance is changing, and that much is clearly evident whether you are employed at a public firm, private industry or academia.

As a management accountant and a CEO, I know first-hand the field continues to grow and expand. I was happy to learn that the Bureau of Labor Statistics expects management accountants and auditors to experience double-digit growth through 2024.

Abbott Laboratories may be worried it has another Valeant on its hands in its proposed merger with Alere -- and investors should be on the lookout for future look-a-likes.

Disruptive technologies are adding urgency across all industries, accounting included, with clients and staff alike held to greater expectations regarding the quality and timeliness of services and products.

Harriet Tubman, the leader of the Underground Railroad that brought slaves to freedom before the Emancipation Proclamation, will be the new face on the $20 bill, the Treasury Department announced Wednesday.

The Securities and Exchange Commission announced penalties in two financial fraud cases Tuesday against companies and their former executives accused of various accounting failures that left investors without accurate depictions of company finances.

The number of accounting-related securities class-action filings increased for the third year in a row in 2015, according to a new report.