The conceptual framework is a series of Statements of Financial Accounting Concepts (SFACs), taken as a whole, set the objectives, characteristics and other concepts that determine how financial ...

A new global accounting framework for non-profit organisations was unveiled today (March 11) in Kampala, with regulators and ...

With the emergence of International Financial Reporting Standards (IFRS), most discussion of the proposed convergence of U.S. generally accepted accounting principles, or GAAP, and IFRS standards has ...

PCC chair Jere Shawver is on a mission to increase awareness of the group that represents the perspectives of privately held companies on accounting standards.

Multiple options for private company financial reporting have emerged this year as standard setters, the AICPA, and other organizations have sought to reduce complexity and costs for small business ...

This article was updated with additional reporting at 5:20 p.m. Eastern. If the thought of organizing your business financial statements gives you a headache, announcements from two leading U.S.

Taiwan’s largest life insurers are braced for a multi-billion dollar erosion in book value as the industry transitions to a more rigorous accounting framework.

If you are the owner of a private company, this is the year you will need to change your accounting framework for the fiscal year following Dec. 31, 2010. Instead of using Canadian generally accepted ...