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

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

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

New study warns inconsistent accounting for carbon-related instruments is undermining transparency and calls for a global standard.

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

ESG efforts will continue to grow in importance, and we’ll likely see this shape the future of lease accounting, including a ...

The International Ethics Standards Board for Accountants weighed in on private equity investment in accounting firms and ...

After several years of delay and extended implementation dates, the new lease standard (FASB ASC Topic 842) is finally effective in 2022 for most private companies.

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 ...

When the IMR accounting standard was developed in 1992, it was supposed to function in declining and a rising interest rate environments, but the NAIC did not finish the work of addressing high ...

As per the Financial Accounting Standards Board updated accounting standards, ASC 842 requires that all leases, whether operating or finance, be recognized on a company's balance sheet as right-of ...