Deutsche Bank settles one of the last remaining cases from the financial crisis, which involved the valuation of credit default swaps.
As companies push into Europe, the Middle East, India, and Africa, executives are being pressured into higher risk behaviors, says E&Y.
The Japanese company says it understated the costs of some infrastructure projects and will set up a committee to investigate accounting…
Writing private-company exceptions into GAAP complicates financial reporting.
How the IFRS standard for business combinations values intangible assets should be rethought, some say.
Not only are there technological obstacles, but there is also no definitive guidance on what data should be made available to auditors.
The auditor helped Lehman Brothers' balance sheet appear healthier and less risk-laden than it actually was, charged the New York attorney general.
The lawsuit accused Freddie Mac executives of misleading investors about the amount of subprime housing loans on the GSE's books.
The controller hid massive trading losses by taking out unauthorized and undisclosed company loans with Japanese banks and brokerage firms.
FASB responds to feedback that having different balance-sheet presentation for for debt issuance costs and debt discount spawns unneeded complexity.