The Financial Accounting Foundation, which oversees the Financial Accounting Standards Board and the Governmental Accounting Standards Board, is asking for nominations for at-large trustees.

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 ...

Accounting principles are the rules that public companies must use when preparing and disclosing their financial statements.

The Financial Accounting Standards Board proposed an accounting standards update Tuesday to improve the accounting for purchased financial assets, including those acquired in a business combination.

Given new standards, changes in the economy, and corporate trends, accounting and financial reporting seem to grow more complex every year. The Financial Accounting Standards Board (FASB) has tried to ...

The Financial Accounting Standards Board voted Wednesday to require U.S. publicly traded businesses to break out things like inventory purchases and employee compensation spending in the footnotes of ...

The Financial Accounting Standards Board's new accounting rules for cryptocurrencies will go into effect on Monday, making it easier for businesses to account for the value of their holdings on their ...

Financial accounting is the process of recording and reporting your business’s income, expenses, assets and liabilities, often with the help of software. This information gives managers, owners and ...

Forbes contributors publish independent expert analyses and insights. Mary Foley covers ESG & sustainability regulation. Just about one year ago, I wrote in these pages that the sustainability ...