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 ...

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

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

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

The Financial Accounting Standards Board passed its new standard on the measurement and disclosure of cryptocurrencies, something that accounting professionals in this space said has been a long time ...

The accounting standard won’t be mandatory. A spokesperson for the group, the Partnership for Carbon Accounting Financials, declined to comment when contacted by Reuters. Bloomberg Green ...

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 ...

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 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 ...

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.

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