Officials discussed the SEC's proposal for a semi-annual reporting option along with new accounting standards at a Baruch ...

The new members of the PMAC are Brad Broberg, Pieter Combrink, Mary Hill, Niall O’Malley and Abhay Srivastava.

The insurance industry has long sought the change for hedge accounting related to life insurance policies and other ...

The Financial Accounting Standards Board added a project to its technical agenda to allow insurance companies to use the ...

FASB published an Accounting Standards Update that provides authoritative guidance on how an issuer should initially measure ...

The Financial Accounting Standards Board is asking for feedback on new projects it should pursue as it looks to refresh its agenda and prioritize which standards — rules that underpin generally ...

In 1973, the Financial Accounting Standards Board was established to develop a set of financial accounting standards known as generally accepted accounting principals for the private sector. GAAP ...

FASB issued a new accounting standard Thursday that is designed to help not-for-profits tell their story through their financial statements. Not-for-profit financial statements have been prepared ...

The Financial Accounting Standards Board (FASB) has issued an Accounting Standards Update (ASU) providing official guidance on accounting for government grants that business entities receive. This ...

Forbes contributors publish independent expert analyses and insights. I am the Kester and Brynes Professor at Columbia Business School and a Chazen Senior Scholar at the Jerome A. Chazen Institute for ...

In the last couple of months of 2024, the FASB issued some “invitations to comment” intended to allow FASB stakeholders to express their views on whether or not the FASB should pursue the projects ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...