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

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

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 ...

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

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

FASB has proposed narrow changes to the way companies determine the “accounting acquirer” in complex business transactions involving Variable Interest Entities (VIE). The provisions, outlined in ...

This insurance technology powerhouse was using artificial intelligence long before the hype gripped Wall Street.

Adjusted EBITDA in the third quarter of 2024 was US$5.8 million, compared to US$3.9 million in the same period of 2023. The ...

The passage of the landmark Bipartisan Infrastructure Law (Infrastructure Investment and Jobs Act, IIJA) by Congress ...

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 ...

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