An update from the Financial Accounting Standards Board concerning capitalizing software is on the way. The new pronouncement, ASU 2025-06, ...

Understanding intercorporate investments is key to determining the future prospects of any business. Learn how they impact business value with these accounting insights.

The White House’s Cost Accounting Standards Board (CAS) has proposed eliminating more than 60 redundant accounting rules that have remained largely unchanged for over 50 years. The board published two ...

The 150-hour rule for obtaining a CPA license is getting blamed in many quarters lately for the shortage of accountants, but another culprit may be the proliferation of complicated accounting ...

The government plans to merge the ICDS and IndAS accounting standards by FY27 to reduce litigation and the dual-reporting ...

After years of deliberation, the Financial Accounting Standards Board last week released a draft of proposed changes to accounting rules for nonprofits. Many of the changes will be useful to donors ...

CFOs are finding the scrutiny of new accounting rules is helping them streamline their lease management and save money, but there are challenges. Despite being given three full years to prepare for ...

Barclay Palmer is a creative executive with 10+ years of creating or managing premium programming and brands/businesses across various platforms. Andy Smith is a Certified Financial Planner (CFP®), ...

Back in the days before Enron was a household word, Americans inclined to boast about their economic system often pointed to U.S. accounting rules. Tirelessly, U.S. officials sang the praises of ...