FASB also plans to host a webcast entitled “In Focus: FASB Accounting Standards Update on Not-for-Profit Financial Statements,” on Sept. 13, 2016, from 1:00 to 2:15 p.m. EDT. The webcast will feature ...

The International Accounting Standards Board updated its standards Monday to improve the information provided by companies about their long-term debts with covenants. The amendments to International ...

All companies track and report revenue. Organizations worldwide will need to start complying with new regulations for revenue accounting that have been approved by the FASB and the IASB. This will be ...

The new lease accounting standard[1] published recently by the International Accounting Standards Board (IASB) brings added transparency to financial reporting, according to KPMG International. The ...

The International Accounting Standard 1 (IAS 1) serves as a foundational framework for financial reporting, guiding how organisations present their financial statements. However, its implementation ...

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 ...

Caroline Banton has 6+ years of experience as a writer of business and finance articles. She also writes biographies for Story Terrace. David Kindness is a Certified Public Accountant (CPA) and an ...

Starting January 1, 2021, several new accounting standards regarding revenue, leases, and financial instruments, will soon apply to all entities that have already adopted the Chinese Accounting ...

QUESTION: It is understood that two accounting standards have been published inviting comments. What is the scope of such standards and the need for them, when there are already accounting standards ...