NORWALK, Conn.--(BUSINESS WIRE)--The Financial Accounting Standards Board (FASB) has issued an Exposure Draft (ED) of a proposed Accounting Standards Update (ASU) intended to improve accounting for ...

The International Public Sector Accounting Standards Board is circulating some proposed revisions to its financial instruments standard for government entities to harmonize it with the International ...

The Financial Accounting Standards Board issued Thursday its long awaited accounting standards update for credit losses, part of the convergence project on financial instruments that it has been ...

The Governmental Accounting Standards Board has updated its standards for the reporting of certain financial instruments and external investment pools by government entities. Statement No. 59, known ...

Following a Private Company Council recommendation, FASB issued a new standard Thursday that simplifies the accounting for certain financial instruments with down round features. Down round features ...

It has been nearly four years since FASB began issuing its revised financial instruments guidance (see the sidebar, “Topic 326 Changes”). The guidance impacts all industries, not just financial ...

NEW YORK, March 24 (Reuters) - The International Accounting Standards Board (IASB) and U.S. Financial Accounting Standards Board (FASB) said on Tuesday that they will work quickly to replace ...

Accounting systems track the income and expenses of an organization or company. However, the accounting methods are modified to fit the specific accounting needs of a company. Accounting for a ...

Accounting is a foundational process for every business, no matter how big or small. Learn what accounting is, why it matters and how to make it work for you. Keeping accurate financial records is the ...