According to generally accepted accounting principles (GAAP), there are two criteria a company must meet before it can record ...

The Financial Accounting Standards Board (FASB) has issued an Accounting Standards Update (ASU) that mandates new expense ...

The new standards require public companies to provide additional information about specific costs and expenses.

The proposed ASU would set more consistent requirements for determining the acquirer when a transaction is achieved by ...

KPMG's Monisha Santamaria and Nick Tricarichi discuss the scope of the latest guidance on the corporate alternative minimum ...

In response to demand from investors, public companies will be required to disclose more information about certain expenses in the notes to financial statements.

I have been reading about the changes to UK GAAP which require limited companies under FRS 102 to follow the changes to accounting rules for leases ...

Cencora, Inc. (NYSE: COR) today reported that in its fiscal year 2024 fourth quarter ended September 30, 2024, revenue increased 14.7 percent to $79.1 ...

FASB published a proposed Accounting Standards Update (ASU) that is intended to improve the requirements for identifying the accounting acquirer in FASB ASC Topic 805, Business Combinations. The ASU ...

Infinera Corporation (NASDAQ: INFN) today released financial results for its third quarter ended September 28, 2024. GAAP revenue for the quarter was ...

The proposed update is set to impact how the carrying amounts of assets and liabilities are determined in a business ...

CALGARY, AB, Nov. 5, 2024 /CNW/ - Spartan Delta Corp. ("Spartan" or the "Company") (TSX: SDE) is pleased to report its ...