The Financial Accounting Standards Board is offering optional guidance on the measurement of credit losses for accounts ...

ESG efforts will continue to grow in importance, and we’ll likely see this shape the future of lease accounting, including a ...

Entitled 'Reality of accounting for carbon-related instruments', the study examines the annual reports of 300 companies in ...

When the IMR accounting standard was developed in 1992, it was supposed to function in declining and a rising interest rate environments, but the NAIC did not finish the work of addressing high ...

The Financial Accounting Standards Board passed its new standard on the measurement and disclosure of cryptocurrencies, something that accounting professionals in this space said has been a long time ...

The latest GAAP update comes as FASB stakeholders have identified several new standard-setting areas of interest, including ...

As per the Financial Accounting Standards Board updated accounting standards, ASC 842 requires that all leases, whether operating or finance, be recognized on a company's balance sheet as right-of ...

By Mandi Simpson, CPA, and Kristin Orrell, CPA Given new standards, changes in the economy, and corporate trends, accounting and financial reporting seem to grow more complex every year.

The Financial Accounting Standards Board on Wednesday said companies should use fair-value accounting for measuring bitcoin and other crypto assets, moving a step closer to a standard that could ...

The Ministry of Finance (MoF) has signed a strategic Memorandum of Understanding (MoU) with the Institute of Management ...

ABU DHABI, The Ministry of Finance (MoF) has signed a strategic Memorandum of Understanding (MoU) with the Institute of ...