By
Tammy Whitehouse2019-05-08T14:16:00
Citigroup raised its expected loan loss reserves under CECL as it prepares for parallel testing of its methodology, but plenty of organizations have barely started.
You are not logged in and do not have access to members-only content.
If you are already a registered user or a member, SIGN IN now.
2019-07-18T18:35:00Z By Tammy Whitehouse
It’s more than big change prompting major deferrals for pending accounting rules. It’s also about the growing tension between estimation and precision.
2019-07-17T18:31:00Z By Tammy Whitehouse
FASB has signaled it plans to extend CECL for smaller public companies to 2023, along with delaying a number of other effective dates.
2019-07-12T15:31:00Z By Tammy Whitehouse
While companies adopt CECL, auditors are gearing up for new rules requiring them to more closely scrutinize estimates and the specialists who produce them.
2025-10-15T19:16:00Z By Ruth Prickett
Auditors are supposed to keep businesses honest, but how much regulation is the optimum for the auditors – and how onerous and punitive should the enforcement regime be? A new consultation by the U.K. regulator, the Financial Reporting Council, opened on Oct. 1 and has put the vexed question of ...
2025-10-07T20:32:00Z By Jaclyn Jaeger
Emerging technologies, like artificial intelligence (AI) and advanced data analytics, can improve audit quality in significant ways. As the regulatory overseer of public-company audits, the Public Company Accounting Oversight Board (PCAOB) has a critical role to play by ensuring that its audit standards evolve as the audit profession evolves.
2025-07-21T14:13:00Z By Aaron Nicodemus
Continuing a Trump administration practice of firing independent regulators, the head of the Public Accounting Oversight Board has been sent packing.
Site powered by Webvision Cloud