Regulation

PCAOB adopts rule for HFCAA determinations

The Public Company Accounting Oversight Board (PCAOB) has announced the adoption of a new rule related to its Holding Foreign…

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EY commits to net zero by FY25 and $10bn firm-wide investment

EY has announced a commitment to achieve net zero by FY25 alongside plans to invest $10bn over the next three…

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SEC fines Kraft Heinz Company $62m for accounting errors

The Securities and Exchange Commission (SEC) has revealed that it has charged The Kraft Heinz Company a civil penalty of…

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Mazars issued with Trump financial disclosure order

Mazars USA has received a federal judge order to disclose a selection of former President Donald Trump’s financial information following…

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FASAB board issues financial accounting standards for federal land

The Federal Accounting Standards Advisory Board (FASAB) announced that the board has unveiled the new Federal Financial Accounting Standards (SSFAS)…

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GASB issues RED to improve notes to financial statements

The Governmental Accounting Standards Board (GASB) has issued a proposed concepts statement intended to guide the board when establishing note…

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FASB releases ASU to improve lessor’s accounting

The Financial Accounting Standards Board (FASB) has released an accounting standards update (ASU) to improve a lessor’s accounting for certain…

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