Entitled 'Reality of accounting for carbon-related instruments', the study examines the annual reports of 300 companies in ...

The Financial Accounting Standards Board is offering optional guidance on the measurement of credit losses for accounts ...

The latest GAAP update comes as FASB stakeholders have identified several new standard-setting areas of interest, including ...

The SEC’s Chief Accountant Paul Munter, released a statement “Accounting Standard Setting in a Rapidly Evolving Business Environment: A Focus on the Timely Delivery of Investor Priorities ...

ESG efforts will continue to grow in importance, and we’ll likely see this shape the future of lease accounting, including a ...

Private companies in the U.S. are still adjusting to the lease accounting standard that took effect last year, even as international standard-setters are proposing new rules for the public sector. In ...

When the IMR accounting standard was developed in 1992, it was supposed to function in declining and a rising interest rate environments, but the NAIC did not finish the work of addressing high ...

The US Financial Accounting Standards Board (FASB) and the Accounting Standards Board of Japan (ASBJ) have held a thirty-fifth bilateral meeting in Tokyo, Japan. This is part of their cooperative work ...

The global accounting rule-writer could pivot toward tackling a trio of projects as it weighs a possible delay in crafting its next work plan.

As per the Financial Accounting Standards Board updated accounting standards, ASC 842 requires that all leases, whether operating or finance, be recognized on a company's balance sheet as right-of ...

The GENIUS Act opens the door for greater stablecoin adoption — but it still leaves crucial accounting and compliance ...