Nonprofit organizations are entities that perform charitable services by accepting funds from the general public. To help regulate activities and encourage the proper use of funds, accounting ...

FASB to weigh whether some stablecoins and other digital assets qualify as cash equivalents, as it also decides which of over ...

The Accounting Standards Codification (ASC) is a collection of all authoritative guidance related to generally accepted accounting principles (GAAP) in the Unites States. While it is convenient to ...

Discover how Statements of Financial Accounting Standards (SFAS) guide U.S. accounting principles. Learn about their impact and why they've been replaced.

Learn what every business owner needs to know about financial accounting, accounting software and financial statements.

Lease accounting is becoming more complex and detailed for private companies and not-for-profit entities. Business valuations may also be impacted by the new standard. Effective in fiscal years ...

Discover how creative accounting exploits loopholes in standards to artificially enhance a company's financial image, and learn about its implications for companies and investors.

The trustees overseeing the Financial Accounting Foundation have named three new members of the Governmental Accounting ...

The Governmental Accounting Standards Board has issued an end of the year Statement which addresses inconsistencies in the financial reporting and definition of an accounting wormhole.

The Financial Accounting Foundation's board of trustees appointed 13 new members to the Financial Accounting Standards Advisory Council, which advises the Financial Accounting Standards Board. "The ...

This guide was reviewed by a Business News Daily editor to ensure it provides comprehensive and accurate information to aid your buying decision. Accounting, financial management and financial ...