Political decisions that may affect cross-border business policies in the United States and the United Kingdom have so far had no effect on international accounting standards, Hans Hoogervorst said ...

The University of Illinois’ Department of Accountancy is getting a head start on educating its students on International Financial Reporting Standards, or IFRS. The IFRS is a set of accounting ...

Discover how black box accounting obscures financial reports. Learn about its methods, ethical concerns, and why it's a challenge for investors seeking transparency.

With the emergence of International Financial Reporting Standards (IFRS), most discussion of the proposed convergence of U.S. generally accepted accounting principles, or GAAP, and IFRS standards has ...

Nonprofit organizations are entities that perform charitable services by accepting funds from the general public. To help regulate activities and encourage the proper use of funds, accounting ...

and valuation uncertainty Improve involvement of stakeholders in standard setting processes. In response, the FASB and the IASB pledged to work quickly to replace accounting standards for off-balance ...

The changes emerging for audit firm quality management standards may pose implementation challenges for firms that are comparable to those caused by Section 404(b) of the Sarbanes-Oxley Act for audit ...

The Governmental Accounting Standards Board is getting ready to roll out new rules and proposals for state and local governments, including improvements to the financial reporting model, ...

Discover the role, history, and standards set by the Canadian Institute of Chartered Accountants, supporting accounting professionals nationwide and internationally.

In a prior article, I wrote about the appeal of counting the Federal Government as a customer, because of the size of the government’s budget, as well as its creditworthiness. In that article, I ...

The International Federation of Accountants (IFAC) is poised to enhance public sector accountancy across Africa, supported by a $1m grant from the Global Fund. This initiative will also benefit from ...