With the emergence of International Financial Reporting Standards (IFRS), most discussion of the proposed convergence of U.S. generally accepted accounting principles, or GAAP, and IFRS standards has ...

PCC chair Jere Shawver is on a mission to increase awareness of the group that represents the perspectives of privately held companies on accounting standards.

As a business owner, you understand that accounting has to be accurate, but you may not know why accounting standards – the rules with acronyms such as GAAP and IFRS – are such a big deal. If you were ...

New data shines a light on some of the uncertainty that exists out there among accountants when it comes to agentic AI.

The paper explores the use of accounting standards for insurer solvency assessment in the context of the implementation of IFRS 17. The paper is based on the results of a survey of 20 insurance ...

In a prior article, I wrote about the appeal of counting the Federal Government as a customer, because of the size of the government’s budget, as well as its creditworthiness. In that article, I ...

Discover how financial accounting influences decision-making for investors, lenders, and managers through transparent financial statements and risk reduction.

Taiwan’s largest life insurers are braced for a multi-billion dollar erosion in book value as the industry transitions to a more rigorous accounting framework.

IRDAI proposes new accounting standards for insurers from April 1 to align with global practices, improving transparency and investor confidence with Ind AS 117 and Ind AS 109.

If your team is still managing your footprint in spreadsheets, this is the moment to reassess whether your data infrastructure matches the direction of travel.