Practice
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IASB issues guidance for reporting greenhouse gas liabilities
The International Accounting Standards Board has dipped a toe into environmental reporting issues with draft guidelines on accounting requirements for…
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Former Arthur Andersen partner files lawsuit against old firm
A former managing partner of Arthur Andersen LLP's Indianapolis office has filed a lawsuit that seeks up to $139 million…
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IFAC Releases New IT Guidance for SMPs and SMEs
The International Federation of Accountants (IFAC) has released two new guidance documents to assist small and medium accounting practices (SMPs)…
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Are IASB and FASB Converging on Derivatives?
Although everybody involved in contemporary discussions of accounting standards claims to want convergence, and the idea of a single universal…
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Lawmakers, CEOS criticize FASB for options move
It was billed as a round table, but seemed more like a boxing ring Thursday as lawmakers and CEOS rained…
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XBRL Top Tech Trend, Says PwC Forecast
PricewaterhouseCoopers' new Technology Forecast identifies technology trends that help companies achieve greater transparency and accountability. This year's forecast details how…
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PwC Launches Best Practice Service In India
A US airline drew upon lessons from the pitstops of Formula I racing to implement a strategy of turning around…
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PwC: Business intelligence top IT priority
Companies may have hit the pause button on many of their information technology projects recently, but they'll continue work on…
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Ernst & Young's woes mount with Accredo lawsuit
Ernst & Young, it would seem, gets no respite these days. The accounting firm, whose name has been dredged up…
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U.S. plans full probe of big accountants
An official of the new U.S. accounting oversight board outlined plans for full inspections of the Big Four accounting firms…
