Blog Articles & Video Accounting

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

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

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

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

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

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

The serious new pressures facing governments of all sizes are changing their financial reporting, says Joel Black, the chair of the Governmental Accounting Standards Board — and GASB has a lot of projects underway to help them. Transcription: Transcripts are generated using a combination of speech recognition software and human