A pair of recently published Accounting Standards Updates recommend five areas for applying economic hedges and address ...

The update allows companies to apply hedge accounting in scenarios involving “highly effective” economic hedges.

The Financial Accounting Standards Board issued a new accounting standards update aimed at improving its existing hedge ...

The Financial Accounting Standards Board aims to improving the accounting for purchased loans as it confronts a potential threat from House Republicans.

Public companies are required to file financial reports regularly and to craft their reports according to generally accepted accounting principles, or GAAP, as the standards are commonly known. The ...

GAAP accounting stands for generally accepted accounting principles. These principles are a set of standardized rules that accountants use. Companies that sell public stock and release financial ...

What Are Generally Accepted Accounting Principles (GAAP)? Your email has been sent Understanding GAAP is essential for anyone involved in finance or accounting. Learn the key principles and their ...

A FASB advisory committee asked stakeholders what they thought the board’s standard-setting priorities should be. Respondents said they wanted simplicity and better information. The top three reasons ...

According to media sources, including Bloomberg, the US Financial Accounting Standards Board (FASB) is adding crypto asset transfers to its agenda ...

The accounting standards setter voted to tackle transfers of crypto assets including wrapped tokens, marking the third ...