With less than 6 months to go before coming into effect, the UK accounting standards are due to change and impact a host of major sectors. Now is the time for businesses to start preparing for ...

The UK government concluded its consultation on the draft UK Sustainability Reporting Standards (UK SRS) [1] in September, and is expected to publish a ...

The Financial Accounting Foundation (FAF) on Monday released its free, enhanced online access to the Accounting Standards Codification (ASC) and the Governmental Accounting Research System (GARS), ...

The 150-hour rule for obtaining a CPA license is getting blamed in many quarters lately for the shortage of accountants, but another culprit may be the proliferation of complicated accounting ...

The Financial Accounting Standards Board is making plans for its future projects, including digital assets, intangibles, government grants, and accounting for financial instruments with environmental, ...

Drilled into the head of every accounting student are the generally accepted accounting principles, or GAAP, that govern the process of accounting. These principles form the foundation on which ...

A wave of significant accounting standard setting has created heavy compliance burdens that many company finance departments are struggling to handle. Just 37% of more than 140 companies surveyed by ...