The significant changes in revenue recognition include ones that need to be made in accounting for performance bonuses and licenses.
The federal government's receipts grew nearly 9% in fiscal 2014, helped by growth in corporate taxable profits and an increase in payroll tax…
The impact of PCAOB inspections contributed to the rising cost of public-company audits, finds an FEI study.
The PCAOB appears to be backing away from requiring engagement partners be identified in an audit client's annual report.
Audit deficiencies attributable to fair-value measurement are increasingly related to business combinations as opposed to financial instruments.
FASB member Marc Siegel tells why the board is revisiting the cash-flow statement.
FASB is working to provide specific guidance to corporations on how to report restricted cash.
Both the GAO and the Treasury Department have proposed forcing employers to file W-2 information earlier to help stem tax fraud.
The PCAOB alerts auditors that they still have a responsibility to independently evaluate whether a company is a going concern.
A Stanford professor argues that the less that investors use fair value accounting to value companies, the better.