According to generally accepted accounting principles (GAAP), there are two criteria a company must meet before it can record ...

Compliance with the standards update “isn’t going to be cheap” for many firms, but the FASB has taken steps to reduce the ...

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

FASB published an Accounting Standards Update requiring public companies to disclose additional information about certain expenses in the notes to financial statements.

In June the FASB voted 7-0 for the more targeted update, even as some expressed concerns about not going far enough to ...

A proposed ASU would update the guidance on accounting for software, specifically when it comes to developing software for ...

FASB published a proposed Accounting Standards Update (ASU) that is intended to improve the requirements for identifying the accounting acquirer in FASB ASC Topic 805, Business Combinations. The ASU ...

KPMG's Monisha Santamaria and Nick Tricarichi discuss the scope of the latest guidance on the corporate alternative minimum tax and its impact on tax and accounting pros.

The proposed update is set to impact how the carrying amounts of assets and liabilities are determined in a business ...

Operator: Hello everyone and welcome to Oxford Lane Capital Corp announcing the net asset value and selected financial ...

Adjusted EBITDA increased 61.4% to $31.2 million in the third quarter of 2024 from $19.3 million in the same period of 2023. Adjusted EBITDA increased 26.0% to $75.9 million for the nine-month period ...