The International Accounting Standards Board is looking for feedback on some targeted improvements it's proposing to make to improve the requirements for recognizing and measuring provisions on ...

On August 17, the FASB and IASB released the final version of the exposure draft on lease accounting that significantly changes the way entities account for leases. Their exposure draft, Leases, ...

ARLINGTON, Va., Feb. 24, 2022 /PRNewswire/ -- Bloomberg Tax announced today that its Bloomberg Tax Provision has been named to Accounting Today's 2022 Top New Products. The list recognizes the best ...

Section 13(b)(2)(B) of the Securities Exchange Act of 1934 (“Exchange Act”) (“IAC Provision”) requires public companies to have “internal accounting controls” that, broadly speaking, are sufficient to ...

ARLINGTON, Va., Aug. 3, 2021 /PRNewswire/ -- Bloomberg Industry Group today announced that it has acquired Tax Prodigy's software, which enables companies to easily calculate the income tax-related ...

The Securities and Exchange Commission will meet today to consider easing the most contentious part of the Sarbanes-Oxley Act, which imposed new duties on corporate executives and accountants after a ...