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 ...

The GENIUS Act opens the door for greater stablecoin adoption — but it still leaves crucial accounting and compliance ...

Complete and structured transparency, like that obtained by complying with ASC 820, can alleviate investors' concerns about ...

Introduction In energy and environmental policy, the utility that comes from product consumption (like a fuel) often entails ...

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.

Private companies in the U.S. are still adjusting to the lease accounting standard that took effect last year, even as international standard-setters are proposing new rules for the public sector. In ...

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 ...

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 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 ...