A newly released international auditing standard for auditing accounting estimates and related disclosures is designed to help auditors keep pace with changes in accounting standards for loan ...

In December 2018, the Public Company Accounting Oversight Board adopted its own standard for auditing accounting estimates (see story), and the SEC approved it last July. The PCAOB standard applies to ...

The Public Company Accounting Oversight Board has issued a pair of new proposals: to strengthen its requirements for an auditor’s use of the work of specialists, and for auditing accounting estimates ...

A proposal issued Thursday by the AICPA Auditing Standards Board (ASB) is intended to provide auditors with enhanced guidance on auditing accounting estimates. The proposal is intended to address the ...

Regulators took a first step Tuesday toward revamping how auditors review the use of key accounting estimates that can have a big effect on companies' financial statements. The Public Company ...

Banks and other financial institutions are devising how to release large loan reserves under an accounting rule that complicates the task of calculating them. To do so, executives at companies ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

Accounting is undoubtedly one of the most crucial components of running a successful business. It's impossible to overlook the significance of keeping track of your finances. With a clear ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Somer G. Anderson is CPA, doctor of ...