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

Generally Accepted Auditing Standards, or GAAS are sets of standards against which the quality of audits are performed and may be judged. Several organizations have developed such sets of principles, ...

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

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

MGE Energy's GAAP (Generally Accepted Accounting Principles) earnings for the third quarter of 2024 were $40.9 million, or $1 ...

Compliance with the standards update “isn’t going to be cheap” for many firms, but the FASB has taken steps to reduce the ...

The Evol situation reflects broader risks in the Sports Technology industry, potential failures in investor due diligence, ...

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 ...

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

The Australian Water Accounting Standard 1 (AWAS 1) was published by the Water Accounting Standards Board (WASB). AWAS 1 prescribes the basis for preparing and presenting a General Purpose Water ...

The primary purpose of the framework is to guide the development of Australian Water Accounting Standards, to ensure they remain cohesive and integrated. You can draw on the framework for ...