Entitled 'Reality of accounting for carbon-related instruments', the study examines the annual reports of 300 companies in ...

The Financial Accounting Standards Board’s (FASB’s) new lease accounting standard will become effective for private companies and not-for-profits beginning with fiscal years that start after ...

The Financial Accounting Standards Board is offering optional guidance on the measurement of credit losses for accounts ...

The new standard requiring all leases longer than 12 months to be recorded on balance sheets is now in effect for nonpublic companies with a fiscal year beginning after Dec. 15, 2021. To implement the ...

Complete and structured transparency, like that obtained by complying with ASC 820, can alleviate investors' concerns about ...

After several years of delay and extended implementation dates, the new lease standard (FASB ASC Topic 842) is finally effective in 2022 for most private companies.

When the IMR accounting standard was developed in 1992, it was supposed to function in declining and a rising interest rate environments, but the NAIC did not finish the work of addressing high ...

AI is set to accelerate the implementation of the ASC 842 accounting standard across various industries. Its ability to swiftly and accurately process a multitude of lease items is invaluable.

This new standard provides updated guidance for public-private and public-public partnerships (P3s). A P3 is an arrangement that CU Boulder enters into with a third party, where the third party is ...

A new Accounting Standards Update (ASU) aims to better align hedge accounting with an organization’s risk management strategies. The ASU, issued Monday by FASB, expands the current single-layer ...

The U.S. accounting standard-setter will consider crafting rules for how companies should account for climate-related transactions, a key step to providing clarity for firms and investors on deals ...