Every publicly traded company issues a series of financial statements at least on a quarterly basis, and the balance sheet is perhaps the statement most indicative of a company’s financial health. A ...

A big change in lease accounting rules effective Jan. 1 requires companies to record operating leases on their balance sheets. Operating leases include everything a company rents to run its business, ...

If you’ve ever looked at a balance sheet and immediately wanted to slam your laptop shut, you’re not alone. Most business owners don’t come from accounting backgrounds, and the sheer volume of numbers ...

NEW YORK, July 29 (Reuters) - The U.S. Financial Accounting Standards Board will reconsider whether it should implement changes to off-balance sheet accounting rules in phases at its board meeting ...

COMPANIES that lease big-ticket items such as airlines, telcos and those in the energy sector need to prepare for changes in the way that such leases will be treated on the balance sheet when new ...

Kenya’s National Treasury has directed accounting officers to assess and value the stock of public inventories to be included ...

If the new fair value accounting treatment proposed by U.S. accounting standard setters is adopted, banks could face a heavy hit to their shareholders equity, Fitch Ratings says. The rating agency ...

What is a Balance Sheet? Recall that a balance sheet is a financial snapshot which shows the current health of the business as measured in terms of its assets and liabilities. Assets include items ...