White & Case attorneys discuss the changing scope of the internal accounting controls provision under Section 13(b)(2)(B) of ...

Three FASB board members say the requirements don’t provide investors with adequate details on government assistance.

Explore the various types of accountants, their roles, and certifications. Understand their value in business, personal ...

Accounting Principles & General Financial Ethical Standards. Accounting and financial professionals must abide by ethical standards that regulate what kind of business they conduct, who they serve ...

Accounting principles are a series of rules that guide companies on how to prepare their financial statements. They explain how transactions, such as sales, purchases, and payments, should be ...

Each country has slightly different principles and reporting requirements that encompass GAAP, but, for the most part, GAAP is GAAP around the world. In other words, accounting principles have not ...

The Financial Reporting Council of Nigeria (FRC) has said it plans to train between 35 and 50 per cent of Micro, Small and Medium enterprises (MSMEs) on developing an accounting system that would ...

The accounting principles work together, so any deviation from reporting requirements on one part of a company's financial statement could cause other parts to be incorrect. 2. Consistency ...

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 ...

Financial accounting is the process of recording, summarizing, and reporting the myriad of a company’s transactions to provide an accurate picture of its ... Principles of Financial Accounting .