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

The Financial Accounting Standards Board released a proposed accounting standards update Wednesday to better line up a company’s hedge accounting with its risk management strategies. The proposals ...

The US Financial Accounting Standards Board (FASB) and the Accounting Standards Board of Japan (ASBJ) have held a ...

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

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

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 ...

The Financial Accounting Standards Board’s (FASB’s) new lease accounting standard will become effective for private companies and not-for-profits beginning with fiscal years that start after ...

A newly released international auditing standard for auditing accounting estimates and related disclosures is designed to help auditors keep pace with changes in accounting standards for loan ...

Now more than ever, the world needs accounting standards to measure nonfinancial performance. That is, how well a company is performing on the environmental, social and governance (ESG) issues ...

The standard imposed minimal changes on lessor accounting, and FASB chose not to create a transition resource group (TRG) for lease accounting. The board did create TRGs to aid preparers with ...

Current financial accounting is often not a very good guide for either corporate managers or investors. The primary policy issue now is whether accounting standards should continue to be set by ...