The goal of successfully transitioning to this latest edition of the standard is a function of how well organisations learn ...

The Financial Accounting Standards Board released a proposed ASU containing a set of targeted improvements to the FASB Accounting Standards Codification.

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 a decisive move to enhance financial transparency and enforce stricter compliance, the Internal Revenue Service (IRS) has ...

Along with the new fiscal year, Microsoft has decided to make some financial reporting changes. Earlier this week, Microsoft quietly posted an investor presentation with the US Securities and ...

If an injunction is lifted, FinCEN will extend BOI filing deadlines for 30 days and reassess the types of companies required to file beneficial ownership information reports, the government said in ...

Corporate executives were concerned that the new standards, drafted by the European Financial Reporting Advisory Group were unclear, a common problem with ESG. EFRAG was moving toward ERSC sector ...

The standards, drafted by the European Financial Reporting Advisory Group ... the global standard for sustainability and climate change reporting. IFRS is not used in the United States, but ...