While large corporations and publicly traded companies must follow the financial accounting, small businesses have the choice of using either the financial accounting method or the tax accounting ...

The guidance is intended to improve and clarify current guidance as opposed to fundamentally changing the nature of guidance in FASB ASC Topic 270, Interim Reporting. FASB published an Accounting ...

IMGCAP(1)]The recent financial crisis reminded us that financial reporting still needs improvement. The need for more transparent financial information and financial statements that better reflect ...

The Financial Accounting Standards Board aims to improving the accounting for purchased loans as it confronts a potential ...

"September has been a busy month in the SPAC market. New IPO filings are coming to the Securities and Exchange Commission (SEC), and new deals are being announced and closed. It's great to see this ...

What Is Accounting Changes and Error Correction? Accounting changes and error correction refers to guidance on reflecting accounting changes and errors in financial ...

THERE IS A CLEAR TREND toward adopting IFRS as the single body of internationally accepted financial reporting standards. In the next few years, thousands of companies will move to IFRS as a primary ...

It would probably surprise many people to learn that some of the policies and accounting standards intended to promote accurate financial reporting and “clean” audits at federal agencies actually ...

During last month’s Securities Enforcement Forum in Washington, DC, securities enforcement and white collar criminal defense attorneys highlighted ...

The changing environment in the economy has been a massive influence on the business and political world. In particular, constant change has had an impact on where companies and people choose to put ...

DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/zx47ql/financial) has announced the addition of the "Financial Accounting ...

TBILISI, June 21, 2017 – The official launch of the Service for Accounting, Reporting and Auditing Supervision (SARAS), a subordinated agency of Georgia’s Ministry of Finance, took place in Tbilisi on ...