The International Accounting Standards Board responds to companies’ call for help with materiality in financial statements.
The new accounting standards update drops a requirement that companies must measure and report “hedge ineffectiveness.”
An aging workforce and new technology will create winners and losers among CPA firms and in other professional services fields.
A PCAOB recommendation would require auditors to report on issues that kept them up at night.
When you take 10 days to fix a payroll error, it can feel like an eternity to the employee who needs the money to pay her bills.
Among other worrisome findings, 23% of non-listed ECGs disclosed that they were shell companies.
Not only do the top-performing financial shared services centers process more invoices and receipts with fewer people, those people accomplish much…
The losses from Toshiba power projects "could topple a company whose roots go back to 1875, the dawn of Japan’s modern era."
A Seattle bank and its treasurer settled charges involving improper hedge accounting; the bank was also accused of impeding whistleblowers.
A defect in GM's internal controls allegedly prevented its accountants from learning about a safety issue for 18 months.