The amendments in the proposed ASU would clarify that the guidance in Topic 270, the part of the FASB Accounting ... So it's really us getting input on all those issues. Depending on what we hear from ...

The author and editors take ultimate responsibility for the content. Generally accepted accounting principles, or GAAP, is a set of accounting standards followed by most U.S. businesses ...

The Financial Accounting Standards ... So it's really us getting input on all those issues. Depending on what we hear from that ITC, we'll bring that back to our board, and our board will be able to ...

The net loss for the year totaled $9.5 billion, compared to a net loss of $6.5 billion for the prior year, an increase of $3 ...

J.P. Nodier / Getty Images Generally accepted accounting principles (GAAP) require that all inventory reserves be stated and valued using either the cost or the market value method, whichever is ...

A Management Report reviewing the Company's third quarter 2024 financial results will be furnished to the Securities and ...

FASB published a proposed Accounting Standards Update (ASU) that is intended to improve the requirements for identifying the accounting acquirer in FASB ASC Topic 805, Business Combinations. The ASU ...

One area where the Fair Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) agree is with the treatment of accounting changes. SFAS 154, Accounting Changes ...

FASB issued a proposal on November 13 that would simplify its guidance on interim reporting, aimed at boosting the consistency and clarity of financial disclosures provided to investors on a quarterly ...

The threshold criteria the agencies use for determining deals that get reviewed are based on valuations measured by generally accepted accounting principals, but the lion’s share of companies’ value ...