A new global accounting framework for non-profit organisations was unveiled today (March 11) in Kampala, with regulators and ...

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.

Nonprofit organizations are entities that perform charitable services by accepting funds from the general public. To help regulate activities and encourage the proper use of funds, accounting ...

Discover how modified accrual accounting merges accrual and cash basis methods, its key principles, and why it's preferred by government agencies for accurate financial reporting.

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 ...

Members of Congress have recently introduced bipartisan legislation to delay the implementation of a new accounting standard that will require many banks to more carefully calculate, and report in ...

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 ...

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.