After years of deliberation, the Financial Accounting Standards Board last week released a draft of proposed changes to accounting rules for nonprofits. Many of the changes will be useful to donors ...

Equity accounting is a method of reporting a company's profits from the operations of an affiliated company that it has an interest in but does not own outright.

The Governmental Accounting Standards Board is getting ready to roll out new rules and proposals for state and local governments, including improvements to the financial reporting model, ...

Accountants and banking industry officials hoping for looser financial reporting standards in response to the economic downturn received a reality check from the keynote speakers at the American ...

The focus of this report is on recent GAAP and SEC rule changes made in the name of reduced complexity and simplification, but we think are harmful to average investors. The purpose of the Financial ...

Barclay Palmer is a creative executive with 10+ years of creating or managing premium programming and brands/businesses across various platforms. Andy Smith is a Certified Financial Planner (CFP®), ...

U.S. securities regulators floated a plan Wednesday that could require U.S. companies to switch to international accounting rules, starting in 2014, and permit others to make the switch even sooner.

A recent meeting of minds in the scenic beach town of Norwalk, Connecticut, may boost the future value of your investment portfolio. And Chicago Booth’s formidable accounting faculty helped bring it ...

Disputes between what accounting standards permit and what regulatory authorities in Kenya allow have become increasingly frequent over the years, particularly in relation to line items that directly ...