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

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 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 ...

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

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 ...

New study warns inconsistent accounting for carbon-related instruments is undermining transparency and calls for a global standard.

Almost two-thirds of companies support a new international accounting standard requiring them to expense employee share options in their financial statements, according to a survey by Mercer Human ...

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 move by the U.S. accounting standard setter comes after four years of discussions about potential changes to current rules By Mark Maurer June 15, 2022 2:32 pm ET Share ...

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 ...

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 ...

Gallagher’s ultimatum meets Chalmers’ bold proposal to merge accounting and auditing standard setters for faster, smarter regulation.