The FAQs clarify how the 50% wage rule increases gratuity and leave liabilities and why these changes must be treated as past service costs under accounting ...
Discover how AAOIFI sets global Shari’ah standards for Islamic finance, ensuring ethical practices in banking, investment, ...
When engineer William Painter invented the crown cork in 1892, the original design sported 24 ridges. The cap included a cork or paper lining to prevent the beverage from touching metal, and it sealed ...
Bernice Potgieter was before Parliament’s Standing Committee on Public Accounts (SCOPA) on Tuesday, which is probing financial mismanagement and corruption at the fund. Acting Chief Investment Officer ...
Humentum, a global nonprofit, and the Chartered Institute of Public Finance and Accountancy introduced the International Non-Profit Accounting Standard on Monday after working to develop it for six ...
Millions of Texans who rely on the Supplemental Nutrition Assistance Program could lose their food benefits if the federal government shutdown continues into November. State agencies have begun ...
Washington, D.C. – Today, the Office of Management and Budget’s Cost Accounting Standards (CAS) Board, chaired by the Office of Federal Procurement, published two proposed rules to eliminate more than ...
Michael Bromberg is a finance editor with a decade of experience. He is an expert at elucidating complex financial topics in clear, concise language. Michael received a Bachelor of Arts in literature ...
The plan appears to be part of a broader effort to shift the agency’s focus from tracking national security threats to fighting crime. Instead of spending about 18 weeks training at the academy in ...
In 2022, the Auditing Standards Board (ASB) issued new standards dealing with quality management (QM) that will become effective December 15, 2025. The ASB sets standards to be generally consistent ...
Michael Saylor‘s Strategy Inc. (NASDAQ:MSTR), formerly MicroStrategy, was hit with a lawsuit, specifically after adopting the new accounting rules of reporting cryptocurrency assets on its financial ...
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