The Financial Accounting Standards Board released an accounting standards update to improve its codification of standards on different topics.

Under Accounting Standards Update 2023-09, companies must detail much more information on the income taxes they pay than was ...

The Financial Accounting Foundation's board of trustees appointed 13 new members to the Financial Accounting Standards Advisory Council.

The new standard marks the 11th accounting standards update issued by the FASB this year, up from four for the full 2024 and the highest annual output since 2020.

Report shows state has Generally Accepted Accounting Principles positive balance for the sixth consecutive year under Gov.

Discover how Statements of Financial Accounting Standards (SFAS) guide U.S. accounting principles. Learn about their impact and why they've been replaced.

Learn about changes in accounting principles and why businesses make them, as well as the reporting and recording ...

FASB on Thursday published an Accounting Standards Update (ASU) that establishes authoritative guidance on the accounting for government grants received by business entities, filling in a ...

Robinhood attracted a large number of new investors during the trading boom in meme stocks, growth stocks, cryptocurrencies, ...

Business owners shouldn't overlook the importance of the type of accounting hey choose, cash flow, and tax planning and ...

The Financial Accounting Standards Board has issued a new Accounting Standards Update to address growing confusion over what qualifies as a derivative under U.S. GAAP. The move responds to concerns ...