Tammy Whitehouse

Amid low oil prices and a spike in M&A, goodwill impairment at public companies doubled from in 2015, hitting its highest levels since the financial crisis.

FASB has published a new rule to combat diversity in restricted cash accounting and a new proposal to clarify the rules around stock compensation modifications.

The SEC is cautioning companies hoping for help from their auditors in adopting the new revenue recognition standard. They are limited by independence rules.

Russ Golden has been appointed to a second term as chairman of FASB, and two new members have been appointed to fill terms that will expire in mid-2017. Tammy Whitehouse has more.

Non-GAAP accounting is still causing some heartburn for public companies, but the SEC is signaling it is encouraged by improvements in recent quarters.

Under a Trump presidency and a GOP Congress, corporate tax reform is considered inevitable. Tammy Whitehouse asks: Should companies alter tax planning or compliance activities?

CFOs and controllers are struggling to keep up with the pace of change in financial reporting, having a significant impact on effectiveness, according to a global EY survey. Tammy Whitehouse has the results.

FASB is getting questions on how to apply the new leasing standard, so the board took the unusual step of offering some informal, high-level feedback. Tammy Whitehouse reports.

The latest PCAOB inspection report for EY show the firm failed in 29 percent of audits inspected in 2015 to perform a clean audit — an improvement over 2014 results.

Companies working to implement the new revenue recognition standard have a little more guidance to consider after FASB’s Transition Resource Group has vetted some lingering uncertainties. Tammy Whitehouse has more.