Going Concern Looks Out One Year, Starting in 2016

By Tammy Whitehouse2014-05-14T17:50:00

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Dueling Thresholds Emerge on Going-Concern Warnings

2015-02-18T12:15:00Z By Tammy Whitehouse

Image: A new accounting standard meant to give investors more warning of when a company is in trouble could actually lead to less warning of trouble. Audit and accounting professionals are struggling over conflicting interpretations of “substantial doubt,” and the answer is not easy. “I’m not sure if the standard ...
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New FASB Standard Will Force Companies to Confess Darkest Fears

2014-09-09T10:30:00Z By Tammy Whitehouse
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U.K. financial regulator looks to streamline audit enforcement procedures

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 ...