Certain topics have been removed from the standard, including earnings per share, interim financial reporting.

Why ESG Reporting Feels Confusing The world today is asking businesses to grow in ways that are fair, safe, and sustainable.

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 ...

FASB is seeking feedback on a proposed Accounting Standards Update (ASU) that addresses 34 issues in its codification. The “targeted improvements” to the FASB Accounting Standards Codification are a ...

Banks could give investors a clearer view on how they manage risks, such as those associated with changing interest rates, ...

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 ...

Editor’s note: This article is the third in a series to help practitioners learn about the AICPA’s new quality management standards and prepare to implement them. The new final standards on quality ...