A new Accounting Standards Update establishes previously missing GAAP guidance related to the recognition, measurement, and ...

The Accounting Standard Update aims to clarify existing reporting requirements, in part by creating a comprehensive list of ...

The standards update fills a gap in the generally accepted accounting principles that previously left many companies turning ...

The Financial Accounting Standards Board has issued a new Accounting Standards Update to address growing confusion over what ...

The Financial Accounting Standards Board (FASB) has issued an Accounting Standards Update (ASU) providing official guidance ...

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 ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Somer G. Anderson is CPA, doctor of ...

The Accounting Standards Codification (ASC) is a collection of all authoritative guidance related to generally accepted accounting principles (GAAP) in the Unites States. While it is convenient to ...

Caroline Banton has 6+ years of experience as a writer of business and finance articles. She also writes biographies for Story Terrace. David Kindness is a Certified Public Accountant (CPA) and an ...

In August, the International Swaps and Derivatives Association said the DRM model “has the potential to make significant ...

The Financial Accounting Standards Board issued an accounting standards update with guidance on accounting for government ...