The remarks seemed to be the latest salvo in a trans-Atlantic spat between FASB and the International Accounting Standards Board.
The former chairman of the SEC declares that full-scale adoption of IFRS in the United States is no longer possible, but his European counterparts…
As they pile up in cash accounts, undistributed foreign profits are inflating U.S. multinationals' valuations and making companies appear less…
The car rental firm says it will restate three years of financials, months after its finance chief said she left for personal reasons.
If forced to do business in a virtual currency, finance will have to alter existing processes and invent new ones. Here's some of what it faces.
At many companies, CFOs will have to oversee a transition to broader disclosures on revenue recognition.
International and emerging markets are enticing but can be hazardous. Here are six risks to watch out for.
In March the Treasury Department proposed an amendment to tax law, taking effect in 2015, that would prevent most corporate inversion transactions.
Under FASB’s forthcoming standard, revenue recognition will require more brainpower than ever.
Why finance and treasury departments are keeping their distance from the virtual currency.