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

The IFRS sustainability disclosure standards IFRS S1 (General Requirements for Disclosure of Sustainability-related Financial ...

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

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

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

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.

The Financial Accounting Standards Board scrapped plans to consider new rules on how companies account for and disclose goodwill, a blow to businesses and investors that have sought improvements ...

The Financial Accounting Standards Board on Wednesday said companies should use fair-value accounting for measuring bitcoin and other crypto assets, moving a step closer to a standard that could ...

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 ...

And despite being just months away from the deadline to transition to ASC 842, we found that a vast majority of respondents were not yet fully compliant with the new lease accounting standard.

The Financial Accounting Standards Board (FASB) released an Accounting Standards Update (ASU) on Wednesday, aimed at enhancing the accounting and disclosure practices for certain crypto assets.

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 ...