Discover the key differences between IFRS and GAAP accounting standards, and learn how they impact financial reporting for ...

The Financial Accounting Standards Board released another chapter Wednesday of its conceptual framework related to the recognition and derecognition of an item in financial statements. Chapter 5 of ...

The Financial Accounting Standards Board, FASB, is a private, independent organization that since 1973 has been given the authority by the U.S. Securities and Exchange Commission, or SEC, to establish ...

IASB has shared plans that could involve addressing crypto and digital assets as part of its broader efforts to update ...

Private and governmental entities use separate accounting standards to create their financial statements and manage their funds. Without knowing the differences between the standards, it is harder for ...

In early 2020, the COVID-19 pandemic added another element of business disruption for organizations to manage while the effective dates to comply for FASB’s new lease accounting standards were quickly ...

TAMPA, Fla., Jan. 09, 2026 (GLOBE NEWSWIRE) -- AACSB International today released exposure drafts of its inaugural Global Standards for Business Education and 2026 Accounting Accreditation Standards ...

The International Ethics Standards Board for Accountants outlined its views of eight fundamental elements of an ethical ...

In a prior article, I wrote about the appeal of counting the Federal Government as a customer, because of the size of the government’s budget, as well as its creditworthiness. In that article, I ...

FASB to weigh whether some stablecoins and other digital assets qualify as cash equivalents, as it also decides which of over 70 non-crypto topics to add to its agenda.

Discover the key differences in inventory accounting between GAAP and IFRS, including valuation methods, write-down reversals ...