Accounting

Accounting

AICPA Urges Delay of Lease Accounting Rules

FASB should postpone the effective date of the “significant and complex” ASC 842 for a year for private companies, AICPA says.

Matthew Heller
May 15, 2019
Accounting

KushCo Loss to Double With Earnings Correction

The pot-packaging company says accounting errors related to recent acquisitions caused it to misstate financial results.
Accounting

Numbers Don’t Lie, Until They Do

A good number of controllers, financial analysts, accountants, and auditors don't completely trust the accuracy of their company's financial data.
Accounting

Metric of the Month: Number of Accounts in the Chart of Accounts

An unwieldy chart of accounts can cause significant headaches for chief financial officers.
Accounting

SEC Probing Honeywell Accounting for Liabilities

The conglomerate is now estimating asbestos-related liabilities at $2.61 billion as of Dec. 31, 2017, up $1.087 billion from its prior estimate.
Risk Management

Email Scammers Still Tripping Up Finance Personnel

The SEC finds that internal accounting controls failed to prevent nine public companies from losing money to business email fraud.
Accounting

Ready for the New Lease Accounting Standard?

There are 10 critical issues that U.S. companies are struggling with as they prepare for ASC 842.
Accounting

ASC 606: Trips, Traps, and Troubleshooting

Clever private company CFOs can learn from the mistakes, pitfalls, and land mines that tripped up their public company peers last year.
Accounting & Tax

Accountants Protecting Their Turf

Should appraisers of business assets have to be accountants? Robert Pozen says the attempt to push such a requirement is misguided.
Auditing

Auditing the Auditor

Whether internal or external, audits rarely detect insider fraud. Here’s why.
Accounting & Tax

FASB Tackles Thorny Disclosure Effectiveness Issues

Tweaks and additions to the FASB conceptual framework deal with the definition of materiality and the appropriate content in notes to financial statements.
Forecasting

There’s No Retailer Like Home Depot

The company crushed earnings forecasts and called the Trump administration's tariffs on lumber and appliances "manageable."
1 2 3 … 36

Latest Articles

Risk Management

Spreadsheet Risks Still Being Ignored by C-Suite: Study

June 12, 2019
Legal

Ten States Sue to Block T-Mobile, Sprint Merger

June 12, 2019
The Economy

CFOs Support Immigration Reform to Help with Talent Shortage

June 12, 2019
M&A

Hudson's Bay Investors Propose Go-Private Deal

June 11, 2019
Tax

Tax on Nonprofits Could Snare Companies, Too

June 11, 2019