There is no question that the Financial Accounting Standards Board (FASB), under the Securities and Exchange Commission's (SEC) oversight, was a major contributor to the financial panic of 2008 ...

The Public Company Accounting Oversight Board is requiring audit firms to do more to ensure the quality of their work, a move aimed at improving the effectiveness of audits while updating decades ...

Currently, there are no specific rules for how to do accounting for cryptocurrency, which makes sense since the asset class itself is barely a decade old.

The Financial Accounting Standards Board’s scaled-back proposal would take more software off the balance sheet for companies that internally use it.

The Supreme Court issued a unanimous ruling in favor of a 94-year old Minnesota woman whose condominium was seized by the county for $15,000 in unpaid real estate taxes, interest and penalties, and ...

New accounting rules published Tuesday by FASB establish whether and at what threshold an acquired business or not-for-profit organization can apply pushdown accounting.

Discover how cloud solutions and automation are transforming real estate accounting services, boosting efficiency, accuracy, and strategic decision-making for real estate accountants.

The information pulled by the government from the plan data may be up to 24 months old, and this is perfectly acceptable according to the rules. To summarize, governments have year-end financial ...

Michael Saylor‘s Strategy Inc. MSTR, formerly MicroStrategy, was hit with a lawsuit, specifically after adopting the new accounting rules of reporting cryptocurrency assets on its financial ...