IASB Proposes Changes to Reporting of Profit and Income
The proposals represent "a game changer in the comparability and usefulness of financial statements," said IASB Chair Hans Hoogervorst.
Bridging the Gaps in GAAP
Here are eight critical considerations for combating the creativity crisis in accounting.
Has Non-GAAP Reporting Become an Accounting Chasm?
Aggressive use of non-GAAP numbers is creating a crisis in how investors, analysts, and the media report financial performance and value companies.
SEC Charges Bring Long Fraud Saga to a Close
Five years after GT Advanced Technologies went bankrupt, the company and its ex-CEO, facing overwhelming evidence, cop to SEC allegations.
SEC Intensifies Focus on Non-GAAP Metrics
While the number of comment letters the commission sends to filers has waned drastically, the proportion of letters focused on non-GAAP metrics has shot up.
Report Details Ubiquity of Non-GAAP Metrics
Some findings seem to support allegations that companies are practicing "earnings management."
NetApp Strives to Shed Hardware-only Image
The big data storage provider still sells mostly hardware but positions itself as a key player in a "hybrid cloud" world.
Tax Cuts Impacting Board Decisions: Survey
A survey from BDO said corporate directors are reevaluating launching new businesses as they conduct reviews of their firms' total tax liabilities.
Study Finds Disturbing Evidence of Earnings Management
Not only companies but also stock analysts and earnings-data clearinghouses are linked to the deception.
Is Exxon Riding Slowly into the Sunset?
If oil prices remain at current levels, at some point bond investors may no longer be willing to support the shrinking enterprise.
Free Cash Flow: What Is It, Really?
As the use of free cash flow as a guiding metric grows, researchers seek a solid definition for the term.