Tammy Whitehouse

Accounting class action filings in 2018 remained “uncharacteristically high,” according to the latest analysis by Cornerstone Research.

Still looking for some help on revenue recognition? The AICPA has published an audit and accounting guide meant to work through industry-specific issues.

Nearly one-fourth of filings with the SEC in the fourth quarter contained admissions of material weaknesses in internal control over financial reporting.

FASB is preparing a proposal to amend accounting standards in a way that is intended to ease the accounting for income taxes.

Analysts are advising investors to buckle up in preparation for first-quarter results that will, for the first time, include leases on the balance sheet.

A little more than half of the S&P 500 have disclosed something about how they expect to be affected by CECL reporting when it begins next year.

Audit reports are about to get a lot longer, and companies would be wise to give financial statement users some advance warning to head off any knee-jerk reactions.

The Financial Accounting Standards Board has rejected a proposal by some banks to revise the pending credit losses standard, due to take effect Jan. 1, 2020.

About half of public companies expect to spend as much time—or even more—on lease accounting adoption after the first quarter reporting under the new rules.