The current notice follows several actions taken by the CASB in June 2024. These actions, along with public comments, are ...

The Financial Accounting Foundation (FAF) annual report details its activities throughout 2024, highlighting how FASB and GASB engage with stakeholder groups to create and improve GAAP. The report ...

Until last year, revenue recognition had been the most common GAAP violation alleged since Cornerstone first began tracking ...

Coinbase Global Inc. received a regulatory comment letter regarding its accounting for cryptocurrency assets about four months after MarketWatch wrote, when the regulator acted against another company ...

The Financial Accounting Foundation released its annual report, offering an overview of its activities in 2024, and at the ...

Guidance on current expected credit losses applies to some not-for-profit organizations. Find out when and how.

Existing accounting standards have led to “scope creep,” with derivative standards being applied too often, FASB Chair ...

After adopting fair-value accounting, Michael Saylor's Bitcoin-heavy firm braces for a $5.9B loss, marking a volatile shift ...

Image source: Getty Images. GAAP, which stands for generally accepted accounting principles, is a set of guidelines governing the reporting of financial information by companies within the United ...

A landmark research study by the Governmental Accounting Standards Board has provided one of the most detailed examinations to date of how state and local governments in the United States use GAAP.

Although nCino excludes amortization expense for purchased intangibles from these non-GAAP measures, management believes it is important for investors to understand that such intangible assets were ...

Fiji is advancing its commitment to sustainable ocean management by strengthening ocean accounting. This system tracks the economic, environmental and social value of marine resources. Minister for ...