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Officials discussed the SEC's proposal for a semi-annual reporting option along with new accounting standards at a Baruch College conference.
The accounting standards update aims to improve financial accounting and disclosures about activities related to environmental credits and obligations.
The Governmental Accounting Standards Board debuted a series of videos to help officials understand the information included in government financial reports.
FASB’s chair said that the Accounting Standards Update features guidance “that previously did not exist” related to environmental credits and environmental credit obligations.
Lease accounting has come a long way since the Financial Accounting Standards Board (FASB) issued ASC 842. However, for many organizations, the journey is far from over. Keeping yo...
The Financial Accounting Standards Board is studying current trends and emerging issues in data infrastructure investments and nontraditional lending.
The Securities and Exchange Commission's proposal for a semiannual reporting option has quickly provoked debate.
The SEC’s proposed Form 10-S Election would allow domestic public companies to publish interim financial results semiannually instead of quarterly. This proposal would not, however...
The ability to produce accurate and timely financial reports is a core skill needed in all organizations. Reports reveal the true health of companies, highlighting the positives an...
New reporting changes represent meaningful progress, but inaccurate institutional attribution will distort university-level CPA exam outcomes in the 2025 data.
The Federal Accounting Standards Advisory Board exposure draft offers a practical expedient for reporting on embedded leases in federal government contracts.
Most enterprise finance teams already know their reconciliation process is held together with spreadsheets, manual follow-ups, and institutional memory that lives in the heads of t...
The European Securities and Markets Authority (ESMA) has published the reporting templates and instructions for the active account requirement (AAR) under the revised European Mark...
The serious new pressures facing governments of all sizes are changing their financial reporting, says GASB Chair Joel Black.
The Bitcoin accumulator adopted accounting standards last year that require changes in the fair value of its holdings to flow through earnings.
Hey. Looking like this is gonna be a short news brief, it was a quiet […] The post Monday Morning Accounting News Brief: 990s to Get a Facelift; DOJ Gets Busy Busting Fraud | 4.27....
The Financial Accounting Standards Board decided to add several projects to its technical agenda.
Introduction Outsourced accounting services have become a practical solution for U.S. small businesses that want tighter control over their finances […] Magellan Solutions - Call C...
In the world of SaaS, revenue recognition is often treated like a trip to the dentist. It is a recur...
Plus, Suralink introduces Workpaper Suite Intelligence; Xero announces Xero Coaches; and other news and updates from the accounting tech world.
The Governmental Accounting Standards Board is proposing to overhaul the structure for providing guidance on U.S. GAAP for state and local governments.
On 13 April 2026, the European Securities and Markets Authority (ESMA) published the reporting templates and instructions for reporting under the Active Account Requirement (AAR) p...
Lease accounting has undergone significant changes due to updated financial reporting standards such as IFRS 16 and FRS 102. These changes require businesses to recognize lease ass...
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