The Governmental Accounting Standards Board released implementation guidance Monday to clarify, explain and elaborate on its GASB statements, using a series of questions and answers. The updated guide ...

The International Sustainability Standards Board and its parent, the International Financial Reporting Standards Foundation, published an inaugural jurisdictional guide to adopting or using their ...

The Financial Accounting Standards Board (FASB) released an Accounting Standards Update (ASU) on Wednesday, aimed at enhancing the accounting and disclosure practices for certain crypto assets. This ...

Learn about accounting interpretations, why they matter, and how they clarify standards, prevent errors, and provide consistency in financial reporting.

“The new SASB standards allow us—for the first time—to identify and measure exposure to climate risk across companies and industries. Climate change affects all markets and presents risks that ...

If you run a small business, you may not know much about the Generally Accepted Accounting Principles (GAAP). After all, GAAP standards apply mainly to publicly traded companies, so these rules don’t ...

In honor of the release of the 6th Edition of the Government Contracts Compliance Handbook, we are sharing six essential tips for complying with the Cost Accounting Standards (CAS). CAS compliance is ...

If you own a small business in the U.S. that is privately held but sells goods and services overseas, the Securities and Exchange Commission doesn't require your company to adhere to the generally ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

What Are Generally Accepted Accounting Principles (GAAP)? Your email has been sent Understanding GAAP is essential for anyone involved in finance or accounting. Learn the key principles and their ...