The Financial Accounting Standards Board issued an invitation to comment Thursday asking for feedback on whether it should pursue a project on accounting for intangible assets and providing additional ...

The Financial Accounting Standards Board (FASB) issued an Accounting Standards Update (ASU) to address the accounting for and ...

The Financial Accounting Standards Board (FASB) has adopted Fair Value Accounting for Bitcoin. Companies holding Bitcoin will ...

The ICAI ARF developed a Transaction-Based Accrual Accounting System that facilitated the transition and the preparation of ...

"Financial accounting describes the systems that process business transactions. These systems provide useful information ...

Indian Railways initiated the preparation of Accrual-Based Financial Statements in 2014 as part of its efforts to enhance ...

ICAI ARF has been instrumental in guiding Indian Railways through the migration to an accrual-based accounting system. ICAI ...

At the end of 2029, private equity assets are expected to reach $12 trillion (up from $5.8 trillion as of the end of 2023), ...

Entergy Corp. has agreed to pay $12 million to settle charges filed by federal regulators that it mishandled internal ...

IAS 38: Intangible Assets outlines the accounting requirements for intangible assets. Intangible assets are non-monetary assets which are without any physical substance and identifiable. Intangible ...

Whether you're a sole proprietor or own a microbusiness, you don’t need to spend a lot of money to manage your finances.