Management accountants take long-term view during current challenges

The Institute of Management Accountants’ annual conference put a spotlight on how accountants are dealing with challenges like inflation and supply chain shortages, and more of today’s top stories. 

Management accountants take long-term view during current challenges

The IMA returned to an in-person format for its annual conference this week. 

In other news today:

FASB weighs standard on accounting for government grants

The Financial Accounting Standards Board is asking its stakeholders to provide feedback on whether it should work on a new standard to account for government grants while building on an existing international standard.

Art of Accounting: Reaching out to Black students

The scarcity of Black professionals in public accounting is a fact. There are many reasons for that but discussing these reasons won’t solve this issue.

The 401(k) mistake to avoid when clients switch jobs

Workers in the U.S. who are increasingly job-hopping these days risk making one of the biggest financial mistakes out there.

GASB issues standard on accounting changes and error corrections

The board released guidance Monday to improve the accounting and financial reporting requirements for state and local governments.

Companies’ climate goals in jeopardy from flawed energy credits

A new analysis finds that when renewable energy credits — which have come under heavy scrutiny — are removed from companies’ carbon accounting, many businesses are no longer on track for meeting climate goals pegged to the Paris Agreement’s aims of limiting global warming to 1.5° or 2° Celsius.

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