Under a Financial Accounting Standards Board proposal, companies could reflect the effects of the new 21% rate on their balance sheets.
As 2018 begins, it is important to be aware of requirements and guidance recently issued by the Financial Accounting Standards Board (FASB) and the…
A judge rules the accounting firm failed to meet professional standards in its audits of Colonial's mortgage warehouse lending division.
The new tax cuts will make winners out of companies with big deferred tax liabilities and losers of those with large tax assets, an expert forecasts.
Non-GAAP metrics command far more attention from investors than do the official numbers, new research shows.
The changes to GAAP accounting for revenue recognition won't have a material effect on companies' finances, investors say.
The 50 employees at the Securities and Exchange Commission’s office of the chief accountant try to keep up with technology changes like bitcoin.
Non-cash and financing components could become brain busters under the new, principles-based revenue recognition standard.
Investors punish companies for late financial statements, according to new research.