The Financial Accounting Standards Board set new requirements, but walked back what businesses need to disclose from last ...

The International Auditing and Assurance Standards has posted new documents to help jurisdictions implement its recent ...

Brex reports AI is transforming accounting by automating tasks, enhancing accuracy, and providing real-time insights, ...

The Financial Accounting Standards Board (FASB) approved on Wednesday a proposal to unify its accounting standards for environmental credits, carbon offsets, and renewable energy credits (RECs), ...

To those who might remember this column that ran for more than 20 years, and to those who don't, it took something especially ...

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 ...

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 ...

The accounting standard won’t be mandatory. A spokesperson for the group, the Partnership for Carbon Accounting Financials, declined to comment when contacted by Reuters. Bloomberg Green ...

By Mandi Simpson, CPA, and Kristin Orrell, CPA Given new standards, changes in the economy, and corporate trends, accounting and financial reporting seem to grow more complex every year.