The FASB operates as an independent organization under the oversight of the Financial Accounting Foundation (FAF). Its ...

GAAP accounting standards are issued by the Financial Accounting Standards Board and must be followed by every company preparing their financial accounts. All listed public companies in the US ...

The Financial Accounting Foundation report found the Private Company Council has been performing its duties effectively and ...

Advanced financial compliance specialist Olga Petean has earned a 2024 Global Recognition Award for enhancing international ...

non-GAAP and what you should do if a company reports both. GAAP, or Generally Accepted Accounting Principles, accounting standards are created and administered by the Financial Accounting ...

The new guidance under ASU 2023-08 recognizes crypto assets as intangible assets (similar to existing guidance); however, it ...

FASB News Proposed New Rules for Environmental Credits and Obligations. FASB has proposed a new accounting standard to ...

The Financial Accounting Standards Board issued an invitation to comment Thursday asking for feedback ... There are already several areas of U.S. GAAP that provide guidance on intangibles, FASB noted.

Over the last eight years (longer if one were to consider the events, initial inquiries, comments and processes that got us ...