Banks and insurance companies calling for changes in how they report risk management activities won an early victory Wednesday as accounting rulemakers agreed to tinker with the guidance.

After years of deliberation, the Financial Accounting Standards Board last week released a draft of proposed changes to accounting rules for nonprofits. Many of the changes will be useful to donors ...

The White House’s Cost Accounting Standards Board (CAS) has proposed eliminating more than 60 redundant accounting rules that have remained largely unchanged for over 50 years. The board published two ...

In a long-anticipated move, Bloomberg Tax reported that the Financial Accounting Standards Board (FASB) is set to introduce new fair value accounting rules for Bitcoin and other cryptocurrencies.

Understanding intercorporate investments is key to determining the future prospects of any business. Learn how they impact business value with these accounting insights.

Back in the days before Enron was a household word, Americans inclined to boast about their economic system often pointed to U.S. accounting rules. Tirelessly, U.S. officials sang the praises of ...

The Financial Accounting Standards Board's new accounting rules for cryptocurrencies will go into effect on Monday, making it easier for businesses to account for the value of their holdings on their ...

F or many years, the IRS clashed over the cash method of accounting with small business taxpayers who provided services as the mainstay of their business but who were categorized as inventory ...

The Financial Accounting Standards Board has issued new rules for nonprofit companies with an aim of making financial reports easier to complete and understand, according to The Wall Street Journal.

Peter Cappelli’s argument in “How a Common Accounting Rule Leads to More Layoffs and Less Job Training” (Journal Report, July 31) is like the argument that a hammer is the cause of bad construction.

Barclay Palmer is a creative executive with 10+ years of creating or managing premium programming and brands/businesses across various platforms. Andy Smith is a Certified Financial Planner (CFP®), ...

The preparation of reliable accounting and financial information has always been a high-pressure task. It requires unquestionable independence and supportable precision. Over the past few years, novel ...