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News
Accounting Board Newcomer Prioritizes Streamlining US Guidance
1+ week, 5+ day ago (712+ words) The US accounting board’s newest member says she will prioritize corporate and investor feedback as the rulewriter takes up some of the most pressing topics in financial reporting, from crytocurrency to private credit. Nearly two months into her tenure on…...
Global Accounting Body to Tap Reserves as It Looks for New Funds
3+ week, 4+ day ago (117+ words) news.bloomberglaw.com The body that sets global accounting standards would need to dip into its reserves short term under a five-year financing and operating plan its parent organization announced Tuesday. The IFRS Foundation, which oversees both the International Accounting…...
US Accounting Board’s Second-in-Command Salo to Become Chair
3+ week, 4+ day ago (97+ words) Bloomberg Law News A former KPMG audit partner will take over as chair of the US board that sets financial reporting standards for public and private companies starting next year, after serving as its second-in-command. Hillary Salo, who is currently…...