IRS veteran Kirsten Wielobob has taken on a new role as a principal in the tax policy and controversy practice at Ernst & Young LLP’s National Tax Department.

Accounting changes driven by the move to new benchmark interest rates should apply from the beginning of 2021, the International Accounting Standards Board said.

Mattel Inc. received a subpoena from U.S. regulators and an inquiry from federal prosecutors over a whistle-blower’s claim that the toymaker misled investors in financial statements dating back to 2017.

International standards setters have rejected insurance company demands that they rethink the way insurance contracts will have to be recorded for accounting purposes.

U.S. accounting rulemakers won’t decide whether to tackle accounting questions about supply-chain finance or some nuanced lease-accounting concerns until the second quarter, the standard-setter’s outgoing chief said.

Tupperware Brands Corp. debt was among the worst performers in the high-yield market on Tuesday after the company announced it was delaying its 10-K release as it conducts an investigation into accounting practices at its Fuller Mexico beauty business.