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Financial Reporting

Group Audits: Why Complexity Persists and Why Judgment Still Matters Most

Auditing May 15, 2026 

Group Audits: Why Complexity Persists and Why Judgment Still Matters Most

Under new, risk-based standards, group auditors still face critical judgements about complex matters.

Navneet Sharma

Featured Articles

May 7, 2026  

CFOs Keep Moving on Growth, Despite Concerns on Iran and Inflation

April 28, 2026  

How the Best-Run Accounting Firms Measure Performance (Hint: It’s Not Just About Revenue)

April 28, 2026  

NetSuite Brings AI-Powered Speed and Precision to SuiteCloud Development

April 26, 2026  

MYCPE ONE Introduces Benchmarking Reports for CPA and Accounting Firms with AI-Powered Peer Comparison

April 23, 2026  

FASB OKs New Guidance on Paid-in-Kind Dividends
Review of Supervizor – The Accounting Technology Lab Podcast – Sept 2024

Accounting Technology Lab Podcast September 16, 2024 

Review of Supervizor – The Accounting Technology Lab Podcast – Sept 2024

Hosts Randy Johnston and Brian Tankersley, CPA, review Supervizor, a continuous quality assurance system that helps accounting firm's error-proof their client's bookkeeping and curb fraud.

Brian Tankersley, Randy Johnston

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Financial Reporting September 16, 2024 

Report Shows How Finance Teams are Handling AI, Skill Gaps, Data Integration and ESG

The report analyzes data integration challenges, the rise of artificial intelligence (AI), essential shifts in cloud computing, and the ongoing impact of staffing and skills challenges across the finance and accounting sectors.

Isaac M. O'Bannon

artificial_intelligence mind tech_1_.56e6c9c20bbbc

Financial Reporting September 5, 2024 

Two-Thirds of U.S. Financial Services Execs Lack the Right Data Environment to Use AI Effectively

Among heads of operations within the U.S. financial services sector, roughly 50% are unable to access real-time data, and two-thirds have legacy data environments that aren’t suited to AI.

Isaac M. O'Bannon

LeaseCrunch Offers Webinar to Master Lease Modifications and Remeasurements

Accounting August 20, 2024 

LeaseCrunch Offers Webinar to Master Lease Modifications and Remeasurements

The webinar is being offered on August 28 at 1:00 p.m. CDT and will equip accounting professionals with the knowledge needed to identify reassessment triggers, execute remeasurements and manage lease portfolios effectively.

Isaac M. O'Bannon

Heightened PCAOB and SEC Enforcement Against Auditors Continues in H1 2024, According to Report

Accounting August 19, 2024 

Heightened PCAOB and SEC Enforcement Against Auditors Continues in H1 2024, According to Report

The PCAOB has already brought more actions in the first six months of the year than it did in each full year under its prior administration (2018–2021).

riskmanagement_100041109_large_1_.543593f465543

Accounting July 25, 2024 

Uncertainty and Global Risks Outpace Risk Management Processes

Only a third (37%) say their organizations have complete enterprise risk management (ERM) processes in place, and just over a quarter (30%) rate their organizations overall risk management oversight as “mature” or “robust.”

Isaac M. O'Bannon

FASB Aims to Improve Derivative Accounting

Accounting July 23, 2024 

FASB Aims to Improve Derivative Accounting

Investors, accounting firms, and other stakeholders have until Oct. 21 to provide comments to the FASB on the proposed ASU.

Jason Bramwell

FASB Wraps Up Work on Its Conceptual Framework By Issuing Final Chapter

Accounting July 15, 2024 

FASB Wraps Up Work on Its Conceptual Framework By Issuing Final Chapter

Chapter 6 of the framework, issued by the FASB on July 12, pertains to the measurement of items recognized in financial statements.

Jason Bramwell

GASB Concludes Pension Standards Achieved Objectives

Accounting June 4, 2024 

GASB Concludes Pension Standards Achieved Objectives

A post-implementation review of GASB 67 and GASB 68 found that the two standards, approved in 2012, met their goals.

Jason Bramwell

Jury Finds Donald Trump Guilty of 34 Felony Charges in Hush Money Business Finance Case

Accounting May 30, 2024 

Jury Finds Donald Trump Guilty of 34 Felony Charges in Hush Money Business Finance Case

A New York jury has found former President Donald J. Trump guilty of 34 counts of falsifying business expenses. The jurors had deliberated for about 10 hours over two days, after several weeks of trial in the Manhattan court of Judge Juan Merchan.

gasb

Financial Reporting May 28, 2024 

GASB Issues Guidance to Improve Components of Government Financial Reports

GASB Statement No. 103, Financial Reporting Model Improvements, builds on Statement 34 by providing key targeted improvements to the financial reporting model.

Isaac M. O'Bannon

Survey Shows Divide Among Finance Pros When it Comes to the Future of Finance

Financial Reporting April 22, 2024 

Survey Shows Divide Among Finance Pros When it Comes to the Future of Finance

60% of accounting and finance professionals surveyed say they identify as finance business partners, and 84% of those are extremely optimistic about the future of the profession.

Isaac M. O'Bannon

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