The Supreme Court of Appeal has ruled against the Road Accident Fund's appeal regarding its accounting standards, prompting ...

Accounting related to revenue recognition issues has been one of the thornier subjects tripping up report preparers in recent ...

The Financial Accounting Standards Board released a paper on how to apply its revenue recognition standard to construction ...

The American Institute of CPAs' Accounting and Review Services Committee clarified a standard on financial statement ...

The guidelines are established by the Financial Accounting Standards Board (FASB) and will be present in the financial reporting of every publicly traded U.S.-based company you come across as a ...

The regulator found flaws in 39 per cent of audits it inspected last year, down from 46 per cent in 2023. Among the Big Four ...

The accounting profession is facing a major setback. There has been a notable drop in students pursuing accounting degrees ...

Modern accounting firms need to do more than crunch numbers; they should serve as strategic advisors. This involves offering ...

Investors tell us that MPMs can be a good thing, but their use needs more discipline and transparency.' — Hans Hoogervorst, former chairman, International Accounting Standards Board ...

The pilot programme, first agreed in 2018 between professional bodies in the US and Scotland, had allowed limited recognition of each other’s accounting qualifications. This agreement ...

Talks to allow US and UK accountants to work cross-border stall amid disputes over audit training standards and oversight.

India has been appointed to the United Nations Intergovernmental Working Group of Experts on International Standards of ...