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

The author and editors take ultimate responsibility for the content. Generally accepted accounting principles, or GAAP, is a set of accounting standards followed by most U.S. businesses ...

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.

Investors and lenders rely on financial accounting to obtain critical information about the financial stability and risks of ...

I have been reading about the changes to UK GAAP which require limited companies under FRS 102 to follow the changes to accounting rules for leases ...

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.

CALGARY, AB, Nov. 5, 2024 /CNW/ - Spartan Delta Corp. ("Spartan" or the "Company") (TSX: SDE) is pleased to report its ...

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 ...