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 ...

The Financial Accounting Standards Board is considering a change in its leases standard to address leases that are under the common control of related-party businesses as FASB's parent prepares to ...

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

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 ...

The Financial Accounting Standards Board (FASB) finalized the new rules on Dec. 13. The FASB is the organization that sets accounting and reporting standards for the U.S.

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 thirty-fifth bilateral meeting in Tokyo, Japan. This is part of their cooperative ...

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.

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 ...

Gallagher’s ultimatum meets Chalmers’ bold proposal to merge accounting and auditing standard setters for faster, smarter regulation.

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 ...