An update from the Financial Accounting Standards Board concerning capitalizing software is on the way. The new pronouncement, ASU 2025-06, ...

Financial statements report the business activities and financial performance of a company. Learn how they are used by executives, investors, and lenders.

The Financial Accounting Standards Board is proposing a new chapter in its conceptual framework that defines 10 elements of financial statements. The proposed chapter, Concepts Statement No. 8, ...

The Financial Accounting Standards Board has added two new chapters to its Conceptual Framework. “The new chapters of the Conceptual Framework address two important areas of financial reporting: ...

New ASU 2023-09 tax disclosures promise transparency in 2025—but new research warns they may mislead investors and distort investment decisions.

Accounting and financial professionals must abide by ethical standards that regulate what kind of business they conduct, who they serve and how they use their skills. Ethical standards are determined ...

Purpose: To provide an overview of the fundamentals for basic fund accounting and the financial reporting structure within the context of higher education accounting, Generally Accepted Accounting ...

External Reporting Australia will be set up to establish accounting, audit, assurance and sustainability standards.

Discover how black box accounting obscures financial reports. Learn about its methods, ethical concerns, and why it's a challenge for investors seeking transparency.

GITPAC Consultancy has expanded its financial management framework in Dubai by introducing a live accounting system, designed to support continuous monitoring and alignment with regulatory obligations ...

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 ...