Countries and jurisdictions throughout the world mandate that entity financial statements be prepared using International Financial Reporting Standards, and that audits be conducted in accordance with ...

Setting uniform accounting and reporting standards for most of the world is a pretty important job, particularly given the poor quality and low relevance of corporate financial statements. How do I ...

A wave of significant accounting standard setting has created heavy compliance burdens that many company finance departments are struggling to handle. Just 37% of more than 140 companies surveyed by ...

As a business owner, you understand that accounting has to be accurate, but you may not know why accounting standards – the rules with acronyms such as GAAP and IFRS – are such a big deal. If you were ...

In accounting, a principles-based on approach is the most popular accounting method globally because it is usually better to adjust accounting principles to a company's transactions, rather than ...

The final A&A Focus webcast of 2025 brought together timely technical updates, practical guidance for year-end reporting, and clear explanations of several new and forthcoming accounting standards.