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 ...

Discover how modified accrual accounting merges accrual and cash basis methods, its key principles, and why it's preferred by government agencies for accurate financial reporting.

Accounting rule writers plan to decide by the end of September which new projects to pursue based on agenda input that highlighted issues ranging from cryptocurrency to corporate risk management.

The White House’s Cost Accounting Standards Board (CAS) has proposed eliminating more than 60 redundant accounting rules that have remained largely unchanged for over 50 years. The board published two ...

The Governmental Accounting Standards Board is getting ready to roll out new rules and proposals for state and local governments, including improvements to the financial reporting model, ...

Crypto assets defy traditional accounting rules, posing huge risks for auditors and fund managers. Ganna Vitko breaks down U.S. vs EU trends.

CFOs are finding the scrutiny of new accounting rules is helping them streamline their lease management and save money, but there are challenges. Despite being given three full years to prepare for ...

Barclay Palmer is a creative executive with 10+ years of creating or managing premium programming and brands/businesses across various platforms. Andy Smith is a Certified Financial Planner (CFP®), ...

Move to Ind AS 117 framework will modernise how insurers report long-term profits and liabilities without altering existing ...