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 ...

Lawmakers and business leaders have seen a need to harmonize or integrate, the accounting standards of the United States, which operates under Generally Accepted Accounting Principles (GAAP), with ...

Humentum, a global nonprofit, and the Chartered Institute of Public Finance and Accountancy introduced the International Non-Profit Accounting Standard on Monday after working to develop it for six ...

J.B. Maverick is an active trader, commodity futures broker, and stock market analyst 17+ years of experience, in addition to 10+ years of experience as a finance writer and book editor. Eric's career ...

In the early years of the 21st century, investors had good reason to hope that a single, globally-accepted accounting framework would soon emerge to unite the world's financial markets. It seemed ...

The new head of the International Accounting Standards Board is setting his priorities for the rule maker, including potentially changing requirements around intangible assets and weighing in on ...

State and local government pensions admit to being underfunded by over $1 trillion. But using the tougher accounting standards applied in other countries, state and local pension deficits would rise ...

With the increasing acceptance of IFRS in the global economy and its possible adoption in the U.S., CPAs are keenly interested in developing a broader understanding of international standards. A major ...

The final A&A Focus webcast of 2025 brought together timely technical updates, practical guidance for year-end reporting, and clear explanations of several new and forthcoming accounting standards.

The findings of a new FARSIG report demonstrate that cash flow is essential for assessing liquidity, solvency and financial flexibility.

Financial Accounting Standards Board chair Richard Jones is making plans for new projects as well as the likelihood of a ...