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

A group advising US accounting rulemakers on private company issues should share more information on its recruitment process ...

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

Welcome to a time of significant transformation in the accounting profession! As this issue goes to press, generational ...

A sunk cost is defined as "a cost that has already been incurred and thus cannot be recovered. A sunk cost differs from other ...

Discover the updated CPA exam sections, from FAR to BAR. Learn how to choose, study, and succeed with expert tips tailored to ...

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