The Financial Accounting Standards Board is making progress on its disclosure framework project, which aims to establish an overarching framework to help the board establish requirements for ...

The International Accounting Standards Board published a consultation document Wednesday with eight proposed illustrative examples showing how companies could apply International Financial Reporting ...

Basic accounting principles form guidelines that govern the preparation of financial reports. These guidelines provide a comprehensive framework for classifying, recording, presenting and interpreting ...

SEC officials provided some clarity Tuesday on what constitutes “individually tailored” accounting, which is a fairly new concept in non-GAAP reporting that the commission views as a rules violation.

FASB is seeking comments on a proposed Accounting Standards Update (ASU) that is intended to improve the accounting for and disclosure of certain cryptoassets. During its recent agenda consultation ...

Accounting is the compilation of financial information for various purposes, such as managing a corporate budget, making informed decisions with regard to business operations and predicting future ...

ATLANTA--(BUSINESS WIRE)--After evaluating recent SEC comment letters* on lease accounting disclosures, LeaseQuery, a recognized leader of purpose-built accounting software, announced the findings in ...

In today’s corporate environment, financial statements serve as the cornerstone of stakeholder decision-making. However, the increasing use of impression management techniques in financial reporting ...