Tammy Whitehouse

Auditors now have a new guide available to them to help examine and report on companies’ efforts to manage their cyber-risk, and the profession is touting their ability to contribute to the effort.

The PCAOB is preparing to issue a final standard to overhaul the audit report and to propose new rules on auditing accounting estimates and using the work of specialists.

A professional valuation group is working on new guidance that would produce formal standards on how to value contingent consideration, a common provision in business combinations.

The risk of fraud in revenue recognition is growing as companies’ sluggish adoption of new rules creates fresh opportunities for would-be perpetrators.

The IASB has issued new standard on how to account for insurance contracts, considered among the most significant changes ever made to international accounting rules.

Companies that have struggled with navigating the U.S. GAAP Taxonomy to complete their XBRL filings will want to weigh in on the effort to make it more useable.

In a pair of updates to accounting standards, the FASB is looking to shore up differences in how companies account for stock compensation and service concession arrangements.

Facing questions about how to transition to the new lease accounting requirements in 2019, FASB recently explained what it had in mind when it issued its guidance.

Big data represents both a growing risk and a growing resource for internal auditors, prompting the IIA to offer new guidance to address it and leverage it.