The Governmental Accounting Standards Board released a new standard to improve the financial reporting for state and local ...

Learn about changes in accounting principles and why businesses make them, as well as the reporting and recording ...

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

The Financial Accounting Standards Board has issued a new Accounting Standards Update to address growing confusion over what qualifies as a derivative under U.S. GAAP. The move responds to concerns ...

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

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

The Accounting Standards Codification (ASC) is a collection of all authoritative guidance related to generally accepted accounting principles (GAAP) in the Unites States. While it is convenient to ...

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 ...

GAAP ensures public companies report finances consistently for clear investor comparisons. GAAP adherence is mandated by the SEC, crucial for comparing financial performance. Understanding GAAP helps ...

ISSB's Standards have steadily and quietly gained global acceptance as the international standard for sustainability ...

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