News

More than 30 accounting rule updates were affirmed by the U.S. standard setter Wednesday as part of a broad refresh of the ...
Since 2007 more foreign private issuers have opted to use IFRS accounting standards when filing U.S. financial reports, a Hebrew University of Jerusalem study found.
The Financial Accounting Standards Board developed generally accepted accounting principles that they must adhere to when reporting financial information.
GAAP on Capital Vs. Repair. The generally accepted accounting principles, called GAAP for short, are guidelines for business accounting standards to provide a framework for reporting financial ...
Complete and structured transparency, like that obtained by complying with ASC 820, can alleviate investors' concerns about ...
An unqualified audit is a thorough report that states that a company's internal systems of control and its financial statements are accurate and comply with generally accepted accounting principles.
Generally accepted accounting principles (GAAP) are put in place to ensure accounting compliance and transparency.
One of the most powerful things an accounting firm leader can do is to reveal their human side, according to experts at this ...
Nearly one-third (32%) of Americans have taken no financial steps to prepare for a natural disaster, according to a survey by ...
Understanding these basic accounting concepts can help you make smarter financial decisions in the long run, as well as in your day-to-day operations.
One of the most popular accounting solutions, QuickBooks Online is a scalable software that’s a great option for a variety of small businesses.
FAR (Financial Accounting and Reporting) FAR tests knowledge of generally accepted accounting principles (GAAP) for business enterprises, governmental entities, and not-for-profit organizations.