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

Banks and insurance companies calling for changes in how they report risk management activities won an early victory Wednesday as accounting rulemakers agreed to tinker with the guidance.

ITAT Mumbai held that fair valuation loss on principal-protected debentures linked to NIFTY Index is not a contingent liability. The loss was allowed as expenditure under Section ...

While on paper marketing is indeed a cost, this is a short-sighted attitude that reinforces the idea it is discretionary.

University of Oregon's Qintao Fan, a faculty member who teaches accounting, is suing for $6 million, alleging racial bias in her tenure review.