A new Accounting Standards Update establishes previously missing GAAP guidance related to the recognition, measurement, and ...

The Financial Accounting Standards Board (FASB) has issued an Accounting Standards Update (ASU) providing official guidance ...

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

The standards update fills a gap in the generally accepted accounting principles that previously left many companies turning ...

The Financial Accounting Standards Board has issued a new Accounting Standards Update to address growing confusion over what ...

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 ...

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 ...

The University of Illinois’ Department of Accountancy is getting a head start on educating its students on International Financial Reporting Standards, or IFRS. The IFRS is a set of accounting ...

In August, the International Swaps and Derivatives Association said the DRM model “has the potential to make significant ...

If you own a small business in the U.S. that is privately held but sells goods and services overseas, the Securities and Exchange Commission doesn't require your company to adhere to the generally ...

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