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ISSB plans nature-related disclosure proposals

The International Sustainability Standards Board intends to issue an exposure draft of its nature-related disclosure proposals in October, to be used in conjunction with its existing standards for climate and environmental disclosures. Processing Content ISSB vice chair Sue Lloyd announced the plans Monday during an International Financial Reporting Standards Foundation

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FASAB offers guidance on implementing federal MD&A

The Federal Accounting Standards Advisory Board issued staff implementation guidance Friday implementing its Management Discussion and Analysis standard from 2024, which replaces an earlier standard. Processing Content Staff Implementation Guidance (SIG) 64.1, Guidance for Implementing SFFAS 64: Management’s Discussion and Analysis doesn’t establish any new requirements, but aims to help

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CFOs souring on economy, but not their companies

Chief financial officers are going negative on the economy, but more upbeat about their own businesses’ prospects, according to a quarterly survey released Wednesday by Deloitte. Processing Content Deloitte’s 2Q26 CFO Signals report four out of 10 CFOs said the current North American economy is bad or very bad, while

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Investors oppose semiannual reporting, says poll

Investors mostly favor the continued use of quarterly reporting and rejected the Securities and Exchange Commission’s recent proposal for a semiannual reporting option, according to a survey. Processing Content The report, from the CFA Institute, polled a group of 2,500 members and investors from around the world and found strong

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IESBA decides to update code of ethics for firm culture and governance

The International Ethics Standards Board for Accountants decided during a meeting this month in New York to move ahead on a project to update its International Code of Ethics for Professional Accountants (including International Independence Standards) with a set of targeted improvements on firm culture and governance. Processing Content After

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IASB will have new chair by October

The IFRS Foundation announced that it expects to have a final successor to current International Accounting Standards Board chair Andreas Barckow in place by Oct. 1 of this year, though Barkow’s term ends on June 30. Processing Content Linda Mezon-Hutter The foundation’s trustees have asked the vice chair of the

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Financial restatements drop 18%

Corporate restatements dropped by almost a fifth (18%) in 2025, according to a new report, continuing a long-term trend of decreases. Processing Content At 391, last year had the second-lowest number of restatements in the past 20 years, according to Ideagen Audit Analytics’ new “Financial Restatements” report; only 2020 was

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Accounting loses 5,400 jobs despite strong overall report

Employers added a robust 172,00 jobs overall to the economy last month, the U.S. Bureau of Labor Statistics reported Friday, but there were job losses in some sectors, including 5,400 jobs shed in accounting, tax preparation, bookkeeping and payroll services. Processing Content The BLS reported that most of the job

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Accounting talent shortage surges

The average number of open accounting and finance roles per company has skyrocketed to 17, up from five in 2025 and just two in 2024, according to a new report. Processing Content The study, released by outsourcing provider Personiv, surveyed a group of 203 finance and accounting leaders and received

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SEC moves to scrap Biden-era rule on climate risk disclosures

The Securities and Exchange Commission wants to formally kill rules it’s now calling a “dramatic overreach” of its own authority that would have required public companies to report greenhouse gas emissions and climate-related risks to their operations. Processing Content The 2024 rules, which never went into effect, were “unsound as

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