The Financial Accounting Standards Board issued an accounting standards update with guidance on accounting for government ...

The Financial Accounting Standards Board has issued a new Accounting Standards Update to address ...

The Accounting Standard Update aims to clarify existing reporting requirements, in part by creating a comprehensive list of ...

Countries and jurisdictions throughout the world mandate that entity financial statements be prepared using International Financial Reporting Standards, and that audits be conducted in accordance with ...

The ASU’s amendments provide a definition of government grants and provide clarification of their scope.

Nonprofit organizations are entities that perform charitable services by accepting funds from the general public. To help regulate activities and encourage the proper use of funds, accounting ...

Accounting and financial professionals must abide by ethical standards that regulate what kind of business they conduct, who they serve and how they use their skills. Ethical standards are determined ...

The CFOs of public companies and companies aspiring to go public know all too well that public reporting and, in particular, financial reporting is a rigorously demanding process. The constant influx ...

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 ...

Greg DePersio has 13+ years of professional experience in sales and SEO and 3+ years as a writer and editor. Financial accounting focuses on reporting a company's financial position to external ...

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. Lease accounting is becoming more complex and detailed for private companies and ...

This guide was reviewed by a Business News Daily editor to ensure it provides comprehensive and accurate information to aid your buying decision. Accounting, financial management and financial ...