Managerial Financial Accounting & Reporting

Topics

October 1, 2024

E-commerce accounting

Ben Richmond, managing director, North America, Xero, discusses the challenges and opportunities of e-commerce accounting.

July 11, 2023

4 AICPA & CIMA leaders discuss global sustainability standards

Leaders with their finger on the pulse of sustainability reporting see an opportunity for accountants to create value. They also see that challenges such as interoperability and capacity building will need to be addressed.

June 26, 2023

Historic global standards for sustainability reporting released

The IFRS Foundation’s International Sustainability Standards Board issued IFRS S1 and IFRS S2 on Monday, the first two global standards for sustainability reporting.

February 25, 2021

Automation to drive big shifts in corporate reporting

A smarter and more automated operating model for corporate reporting is on the horizon, according to results of a new EY survey.

August 1, 2020

Laura Felice, CPA, CGMA

Asking good questions and providing direction for strategic decisions is essential for finance employees in today’s business environment, according to Laura Felice, CPA, CGMA, senior vice president and controller at BJ’s Wholesale Club Inc.

November 7, 2019

IFAC seeks consistency, accountants’ engagement in corporate reporting

The wide variety of frameworks and standards initiatives prevents consistency in corporate reporting, according to the International Federation of Accountants.

March 1, 2019

Mastering accounting for business combinations

Finance has a pivotal role to play in facilitating a successful acquisition or merger — and in performing the challenging accounting associated with a business combination.

December 20, 2018

How audit committees can oversee FASB standard adoption

Audit committees have a lot to consider as 2018 concludes with adoption of game-changing accounting standards in full swing at many companies.

November 29, 2018

8 things to know about lease accounting implementation

Here are some things that company finance departments may wish to keep in mind as the lease accounting standard takes effect at the beginning of next year for public companies.

June 1, 2018

How audit committees can evaluate lease accounting implementation

The standard starts to take effect next year.

April 4, 2018

How audit committees can evaluate lease accounting implementation

A new Center for Audit Quality tool is designed to help audit committees with oversight of this difficult adoption process.

January 1, 2018

Lease accounting laggards face serious risks

Organizations need to consider several factors as they implement new FASB rules — and it’s smart to start that work promptly.

February 1, 2016

6 tips for reconciliations

These best practices make it easier to complete this critical task effectively.

August 5, 2015

SEC approves CEO pay ratio rule

The SEC approved a new rule requiring U.S. public companies to disclose the ratio between their CEO’s compensation and that of their median employee.

July 1, 2015

SEC considers updating audit committee disclosure requirements

The SEC is evaluating whether audit committee disclosure requirements provide investors with the information they are seeking.

February 20, 2015

Revenue recognition implementation concerns finance executives

A recent KPMG survey shows that 64% of U.S. companies are uncertain about the path they’ll take to adopt the new, converged revenue recognition standard. Also, regulation is cited as the top compliance concern for 51% of corporate finance executives.

February 11, 2015

New conflict minerals guidance developed

New questions and answers developed by the AICPA Conflict Minerals Task Force provide nonauthoritative guidance to practitioners performing independent private-sector audit engagements of conflict minerals reports.

December 12, 2014

U.S. board members cite challenges in revenue recognition implementation

Updating systems and policies and revising contracts with customers were cited by U.S. public company board members as the top challenges to implementing revenue recognition, according to a survey by accounting and consulting firm BDO.

December 1, 2014

6 tips for integrated thinking

Here are six ways companies can adopt integrated thinking and decision-making processes that are fundamental to the creation of an integrated report.

February 1, 2014

Cutting the clutter: Streamlined operations reports engage key stakeholders

Carol Kenner, CPA, CGMA, knew her company’s financial statements backward and forward. Every number on every page made sense to her. But not everyone at Solix Inc., the New Jersey company where Kenner is CFO, knew what the numbers meant.

FROM THIS MONTH'S ISSUE

Tax season quick guide

Get ready for tax season with the JofA’s annual filing season quick guide, an easy-to-use compilation of dollar thresholds, tax tables, standard amounts, credits, and deductions. Download and print for quick reference this tax season.