The new international accounting standard is aimed at more consistent reporting that’s better aligned with how businesses are ...

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

Accounting professionals are accustomed to complying with accounting standards. Generally accepted accounting standards set the guidelines for reporting financial transactions in the United States.

Consolidated financial statements combine a parent company's information with one or more subsidiary companies to produce one master document. Investors, lenders or regulatory agencies often require a ...

Financial statements are written records of a business’s financial situation. They include standard reports like the balance sheet, income or profit and loss statements, and cash flow statement. They ...

An advisory committee of nonprofit accounting experts this week plans to recommend changes in the standards that govern how organizations present information on their annual financial statements. The ...

New Delhi: Companies will have to be more transparent, starting from the reporting period on 1 April by disclosing the accounting policies used in preparing financial statements that can influence the ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

NEW YORK (AP) — The accounting firm that prepared former President Donald Trump’s annual financial statements says the documents, used to secure lucrative loans and burnish Trump’s image as a wealthy ...