Business advisers can help guide clients through the tax and accounting considerations of a corporate sale or purchase.

President Trump’s Digital Asset Working Group has called for FASB to consider whether to treat stablecoins as cash equivalents.

Learn how deferred acquisition costs (DAC) aid insurance companies by spreading acquisition expenses over contract terms, reducing upfront strain and smoothing earnings.

The Financial Accounting Standards Board Thursday published long-anticipated new guidance on how companies must account for internal-use software costs, with the new rules coming roughly one year ...

Learn the principles of financial accounting, its importance, and how it functions to provide a clear picture of a company's financial health and compliance.

In one of Robert F. Kennedy Jr.’s first moves as secretary of the US Department of Health and Human Services, the agency released guidance Wednesday for the US government, external partners and the ...

An annuity is a way to get guaranteed income in retirement, but they can be complex and confusing. While they may help with retirement planning, annuities are notoriously opaque. Thanks to the SECURE ...

The Financial Accounting Standards Board released an accounting standards update Monday to improve financial reporting by requiring public companies to disclose, in their interim and annual reporting ...

accounting standards are created and administered by the Financial Accounting Standards Board (FASB) and governed by the U.S. Securities and Exchange Commission (SEC). The purpose of GAAP standards is ...

Accounting is a foundational process for every business, no matter how big or small. Learn what accounting is, why it matters and how to make it work for you. Keeping accurate financial records is the ...

If you believe that the usefulness of a definition is proportional to its simplicity and inversely proportional to its length, then the field of DEI has a clear problem. While the concept of diversity ...

In early September 2023, the US Financial Accounting Standards Board (FASB) finally approved the commonly accepted accounting practice of mark to market accounting to apply to corporations and ...