Consolidated accounting is used to group the financial information of a parent company and one or more subsidiary companies. A parent company owns the majority of voting shares of a subsidiary company ...

If you own a controlling stake in another business, accounting rules demand that you combine the financial statements of the parent and subsidiaries into one set of financial statements for the entire ...

The Financial Accounting Standards Board released an accounting standards update Wednesday for the consolidation of variable interest entities, aiming to reduce the cost and complexity of accounting ...

FASB addressed an area of accounting that has long been a concern for private companies Wednesday with the issuance of a standard designed to improve consolidation accounting for private companies.

NORWALK, Conn.--(BUSINESS WIRE)--The Financial Accounting Standards Board (FASB) today issued an Accounting Standards Update (ASU) intended to improve targeted areas of consolidation guidance for ...

NORWALK, Conn.--(BUSINESS WIRE)--The Financial Accounting Standards Board (FASB) today issued an Accounting Standards Update (ASU) that reduces the cost and complexity of financial reporting ...

With larger national firms like EisnerAmper and BDO moving into the region over the past few years, the competition for talent has also driven up costs, and smaller independent firms in Baltimore are ...

FASB addressed an area of accounting that has long been a concern for private companies with the recent issuance of a standard designed to improve consolidation accounting for private companies. The ...