Government accounting

The Federal Accounting Standards Advisory Board has issued new guidance on the accounting and reporting rules for federal land.

The International Federation of Accountants chose Thomas Müller-Marqués Berger as the new chair of the International Public Sector Accounting Standards Board.

Progress has not been as quick as predicted, but is expected to continue, according to IFAC and the Chartered Institute of Public Finance and Accountancy.

The White House is proposing to eliminate dozens of accounting requirements for federal contractors it considers "unnecessary and redundant."

When people think of the public accounting profession, they often don't realize that what we do can have a monumental impact on people's lives.

The executive order aims to strengthen accountability over the spending of taxpayer funds through improved oversight and coordination of grantmaking.

Government contractors are feeling the revenue effects of executive orders from the Trump administration and cuts from the Department of Government Efficiency.

The International Auditing and Assurance Standards Board posted new documents to help jurisdictions implement its recent standard on sustainability assurance.

The deal adds a Massachusetts firm that specializes in providing outsourced accounting solutions to small federal government contractors and grantees.

The Office of Management and Budget is calling for a major overhaul in how federal agencies conduct financial audits.