Final rules on two items in the FASB private-company framework — accounting for goodwill and interest-rate swaps — are due by December 31.
A successful local bank finds it no longer pays to hold on to the mortgages it issues.
Law-enforcement officials agree that the benefits of a virtual currency like Bitcoin outweigh the risks, but they also insist Bitcoin needs regulation.
The Securities and Exchange Commission is ferreting out fraud and fake financial reporting with renewed zeal, attorneys and investigators find.
Proposals to clean up lease accounting will hit many firms’ balance sheets.
If neither companies nor investors find GAAP-reported earnings useful, it’s clearly time for a new approach.
XBRL filings are a rich source of data that all departments can use to make operations more efficient and to conduct competitive analysis.
Municipal finance chiefs are fighting to keep their troubled cities solvent. Sometimes it’s a losing battle.
Employee fraud can exist anywhere, but CFOs can stay ahead of the game by monitoring some specific payment and expense areas.
Admitting that it needs help in auditing small businesses, an Internal Revenue Service commissioner says it's sharpening its focus on partnerships.
Deficiencies in audits of internal controls can lead to inadequate disclosures in the financial statement audit, says a new PCAOB practice alert.