A move may be underway in the European Union to establish a breakaway version of international accounting standards, which could undermine efforts to converge IFRS with US GAAP.
The U.K.'s Financial Reporting Council suggests that corporate reporting is too complex and that the International Accounting Standards Board overhaul its standards.
The IASB will publish an exposure draft on the classification and measurement of financial instruments by July 2009, instead of October, as previously announced.
Suzanne Nora Johnson, former vice chairman of Goldman Sachs, discusses the global crisis, executive compensation, CEO succession, and other topics in a Q&A.
Governments in Europe have been pointedly criticized by the International Monetary Fund for failing to take decisive action to shore up their banking systems.
Mixed signals abound as prices of raw materials are on a steady climb higher.
Open-source software is firmly part of the landscape, but is "cloud computing'' a new threat?
A survey conducted among citizens in 69 countries by Transparency International finds that the number of people who view business as corrupt is increasing.
After aggressively cutting costs, preserving cash, and employing other measures, businesses are confronting the challenge of creating a new organization and business model founded on lower revenue and profit levels.
Audit committees play an important role in helping ensure that management focuses on the critical issues of sustainability and corporate social responsibility, which can help grow the business, attract investment, retain employees, and protect a company’s reputation.
Explore audit committee challenges, practices, and emerging trends in 29 countries around the world.
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