Accounting standards

FASB chairman Richard Jones (center), FASB deputy technical director Shayne Kuhaneck (below) and panel moderator Linda Bergen, Citigroup director of corporate accounting policy and AICPA chair of the Depository Institutions Expert Panel (top), speaking at the AICPA's virtual National Conference on Banks and Savings Institutions
Michael Cohn
September 15, 2020 6:09 PM

Richard Jones is making post-implementation reviews of standards one of his top priorities, and taking a closer look at FASB’s crowded agenda.

6 Min Read
Deloitte building in Ottawa
Michael Cohn
September 15, 2020 12:18 PM

Large firms have been reporting revenue increases amid the pandemic.

4 Min Read
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EY
Michael Cohn
September 10, 2020 1:07 PM

EY earned a record $37.2 billion in the fiscal year ending June 30.

5 Min Read
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Blaine Luetkemeyer
September 4, 2020 10:11 AM

Two bills — one providing relief from a loan accounting standard and another extending forbearance measures — would collectively contain credit losses.

5 Min Read
Bob Dohrer
September 3, 2020 9:04 AM

An inside look at SAS 142, which aims to help bolster this critical tool in the auditor's toolkit.

6 Min Read
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PwC
Michael Cohn
August 31, 2020 3:17 PM

The final three months of the fiscal year showed a slowdown due to the impact of coronavirus on clients.

4 Min Read
President Donald Trump applauds while walking to Marine One on the South Lawn of the White House.
By Laura Davison and Allyson Versprille
August 26, 2020 10:10 AM

The U.S. Treasury Department still has yet to tell companies how to handle President Donald Trump’s order delaying the due date for employee payroll taxes, leaving major employers like Walmart Inc. in the lurch.

3 Min Read
GASB chairman Joel Black (bottom) with FASAB chairman George Scott (top right) and AICPA senior director of governmental auditing and accounting Mary Foelster (top left) at the AICPA Governmental Accounting and Auditing Update Conference
Michael Cohn
August 17, 2020 6:42 PM

The Governmental Accounting Standards Board is working on developing new standards for state and local governments to use under its new chair, Joel Black, while responding to the novel coronavirus pandemic.

6 Min Read
A man walks past the IRS headquarters in Washington, D.C.
Michael Cohn
August 12, 2020 7:36 PM

Payroll companies need guidelines on how to implement President Trump's executive order before they can start processing paychecks next month.

9 Min Read
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Kristen Keats
August 6, 2020 1:38 PM

The COVID-19 pandemic flipped our working world on its head.

4 Min Read