The Governmental Accounting Standards Board released a proposed Implementation Guide with questions and answers on the ...

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

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 ...

The American Institute of CPAs and the Chartered Institute of Management Accountants have proposed a framework with the goal of bringing consistency to management accounting practice across the world.

Discover how accruals affect company finances, with insights into the accrual accounting method, its applications, and examples illustrating its principles.

Members of Congress have recently introduced bipartisan legislation to delay the implementation of a new accounting standard that will require many banks to more carefully calculate, and report in ...

Kingland Systems ("Kingland"), a leading enterprise data, risk, and regulatory software provider, announces the launch of its Firm of Tomorrow framework for public accounting investment, a ...

Given new standards, changes in the economy, and corporate trends, accounting and financial reporting seem to grow more complex every year. The Financial Accounting Standards Board (FASB) has tried to ...

Ethics and standards in accounting exist to protect the public from unscrupulous corporations and the accountants who hide or misrepresent information. Certainly, not all accountants are unethical, ...

Disputes between what accounting standards permit and what regulatory authorities in Kenya allow have become increasingly frequent over the years, particularly in relation to line items that directly ...