The Financial Accounting Standards Board (FASB) has issued an Accounting Standards Update (ASU) that mandates new expense ...

The new standards require public companies to provide additional information about specific costs and expenses.

In response to demand from investors, public companies will be required to disclose more information about certain expenses in the notes to financial statements.

The proposed ASU would set more consistent requirements for determining the acquirer when a transaction is achieved by ...

Investors are slated to get their hands on new details about major costs that drive corporate income from rising payroll ...

MoF aims to partner with leading international and local universities and academic institutions to implement the project ...

Entities operating in Uganda will have to adopt International Financial Reporting Standards (IFRS) in their reporting. International Financial Reporting Standards (IFRS) consist of a set of accounting ...

Super Micro Computer faces financial scrutiny after auditor resignation. See why SMCI stock could be delisted and how it ...

The International Financial Reporting Standards (IFRS) does not recognize extraordinary items, only nonrecurring items. Generally accepted accounting principles (GAAP) make a greater distinction ...

The Financial Accounting Standards Board seeks public comment on targeted improvements to the reporting of internal-use software.

CPA Canada says it’s reached agreements with its Ontario and Quebec counterparts on education, exams and standard-setting for ...

DJOBI Financial statements are like a language—one that speaks to the health, prospects, and operations of a business. Yet, beneath the seemingly straightforward balance sheets, income statements, and ...