The Financial Accounting Standards Board (FASB), a private, nonprofit organisation that sets financial accounting standards ...

Accountants must be aware of these biases when complying with accounting standards. This is especially important when compliance with a standard does not adequately explain the underlying business ...

The "targeted improvements" to the FASB Accounting Standards Codification are a part of an evergreen project focused on making incremental changes to GAAP. Public comments on the ASU, published ...

In the early years of the 21st century, investors had good reason to hope that a single, globally-accepted accounting ...

The Review of Accounting Studies provides an outlet for significant academic research in accounting including theoretical, empirical, and experimental work. The journal is committed to the principle ...

The SEC has replaced its strict crypto custody accounting rule SAB 121 with more flexible guidance under SAB 122, allowing ...

The magazine Accounting Today has consistently ranked ... while a need to maximise profits could lower standards. “I don’t think the traditional partnership structure is the only way our ...

PricewaterhouseCoopers (PwC), one of the globally renowned Big Four accounting firms, has announced its exit from Zimbabwe, ...