Since 2007 more foreign private issuers have opted to use IFRS accounting standards when filing U.S. financial reports, a ...

FASB 117 Another accounting principle for 501 (c) (3) organizations, known as FASB 117, requires them to classify their assets, revenues, expenses, gains and losses.

Constellation Brands (NYSE: STZ) recorded a double miss with its latest earnings report, published after market close Tuesday ...

White & Case attorneys discuss the changing scope of the internal accounting controls provision under Section 13(b)(2)(B) of ...

Accounting Tools reports that businesses who follow generally accepted accounting principles (GAAP) are required to maintain their accounting record on an accrual basis in order to maintain ...

Three FASB board members say the requirements don’t provide investors with adequate details on government assistance.

Accrual accounting is the alternative to the cash accounting method and is the preferred method under generally accepted accounting principles (GAAP).

New study explores why foreign firms listed in the U.S. choose between IFRS and U.S. GAAP. The research finds that firms strategically weigh the ...

The Governmental Accounting Standards Board issued questions and answers to help explain certain pronouncements to stakeholders.

1 online resource (1045 pages) : Principles of Accounting is designed to meet the scope and sequence requirements of a two-semester accounting course that covers the fundamentals of financial and ...