Subsequent event is the accounting term for a financial transaction that occurs after completion of the balance sheet for a specified period but before the company's full set of financial statements ...

NEW ORLEANS — A new analysis of the REDUCE-IT trial has shown that in addition to a large reduction in first ischemic events, the high dose purified form of eicosapentaenoic acid (EPA), icosapent ...

"We had research that showed an omission rate of about 30% of things when we look at subsequent time periods and things we know happened," said GASB Chairman Joel in an interview with Accounting Today ...

The Financial Accounting Standards Board has released FASB Statement No. 165, Subsequent Events, setting standards for the disclosure of events that occur after the balance-sheet date, but before ...

The Governmental Accounting Standards Board released a new standard to improve the financial reporting for state and local governments on subsequent events that occur after financial statements are ...

FASB on Thursday issued new rules that should alert financial statement users about the timing and events at issue in the statements. FASB Statement no. 165, Subsequent Events, takes effect soon. It ...

Public companies now have a new requirement to follow in accounting for events that take place after a financial statement period ends but before the statements are issued. The Financial Accounting ...

Over the last month, many companies have filed their year-end audited financial statements with the Securities and Exchange Commission. A study recently published in The Accounting Review finds that ...

PCAOB inspection reports and SEC enforcement releases show difficulties in subsequent events audits. Based on our survey of 76 practicing auditors at one firm, actions that may improve those audits ...