Freewheeling reporting rules on other comprehensive income set the stage for earnings management, researchers assert.
The new accounting standards update drops a requirement that companies must measure and report “hedge ineffectiveness.”
Microsoft adopts both the new revenue recognition and lease accounting standards early.
But big, public, non-financial companies are generating cash partly by cutting capex, study finds.
The standards take effect in a mere six quarters for public companies, but many have not yet begun, or only recently began, to assess what must be…
When it comes to cybersecurity risk management, let's pursue a flexible, principles-based approach, not one filled with layers of compliance…
Many finance departments at subscription-based companies are woefully unprepared for the new accounting standard, says Zuora's CEO.
The SEC says former finance executive Davd Pruitt improperly recognized $17.9 million in revenue from a contract with the U.S. Army.
Auditors who trust their clients can feel freer to be more skeptical of their financial reporting.
Companies would have to disclose the makeup of their inventory and the reasons for unusual changes in it.