News

The PCAOB has moved two standard-setting projects to the front burner.

The organization that oversees FASB and GASB is continuing an effort to strengthen oversight by offering a convenient way for those impacted by the boards' standards to share concerns about due process.

CFOs play a pivotal role in determining what sustainable business management means for their organization.

In response to feedback submitted through the exposure draft, NASBA has announced that it will adopt an increased testing window of 30 months.

Company leaders leaning into the opportunity presented by the evolving ESG landscape share their success stories during the 2023 Future of Finance Virtual Summit.

The war for talent goes on, but there are creative solutions available for bold firms, according to Jeff Phillips, CEO of Padgett Business Services and co-founder of remote job platform Accountingfly.

The PCAOB shared its list of priorities for 2023 audit inspections in a staff report released Monday.

After marking several items off her regimented checklist, Imani Hudgins sits down in her darkened workspace for a brief mental break.

The commission responsible for the most widely used internal control framework has published a paper providing guidance for applying the framework to sustainability reporting.

The Financial Accounting Standards Board (FASB) today issued an Accounting Standards Update (ASU) that improves the accounting and disclosures for investments in tax credit structures. The ASU is a consensus of the FASB’s Emerging Issues Task Force (EITF).

The PCAOB is seeking feedback on its release Tuesday of a proposal focused on modernizing core auditing principles and responsibilities for public companies.

The Financial Accounting Standards Board (FASB) today issued an Accounting Standards Update (ASU) that improves the guidance for applying Topic 842, Leases, to arrangements between entities under common control.

Proposed IRS rules for non-fungible tokens are seen as a good first step by some accounting professionals in this space, indicating the agency is finally taking these assets seriously.

The SEC proposed amendments Wednesday designed to modernize its information collection and analysis methods by, among other things, requiring that registrants file a number of submissions electronically.

The Financial Accounting Standards Board (FASB) today announced that the U.S. Securities and Exchange Commission (SEC) has accepted the 2023 GAAP Financial Reporting Taxonomy (GRT) and the 2023 SEC Reporting Taxonomy (SRT) (collectively referred to as the “GAAP Taxonomy”).

Less than one-third of audit team leaders surveyed have access to the talent they need to fuel AI and machine learning solutions. Leaders are trying a variety of approaches to bridge the gap.

The Federal Accounting Standards Advisory Board (FASAB) on Friday issued Technical Bulletin 2023-1, Intragovernmental Leasehold Reimbursable Work Agreements, which is intended to further explain and address accounting issues not directly covered under Statement of Federal Financial Accounting Standards 54, Leases, and other relevant statements.

The past few years have given us a deep appreciation for how quickly the unexpected can upend our assumptions. And there's no question that uncertainty — around everything from inflation and macroeconomic volatility to geopolitical tensions and regulatory shifts — has dominated discussions at organizations in all industries and regions.

Accounting, a profession focused on numbers, is vexed by this one: the 150 college credit hours required to become a certified public accountant.

CFOs have much to learn from the rapidly expanding, highly profitable industry.