GAAP rules are constantly being clarified and tightened, reducing gray areas and increasing consistency, which means less flexibility and more scrutiny from auditors. Here is an executive-level ...

The International Public Sector Accounting Standards Board released a draft version of a sustainability reporting standard for use by governments around the world on Thursday, and is asking for public ...

This article explains the approach taken by the IASB and reflects on the alignment approach adopted by the board. This article will be followed with two more articles in the same series on the third ...