FASB published an Accounting Standards Update that provides authoritative guidance on how an issuer should initially measure paid-in-kind dividends on equity-classified preferred stock.
Learn how International Financial Reporting Standards (IFRS) create global accounting consistency, enabling transparent and comparable financial reports in 169 jurisdictions.
The International Public Sector Accounting Standards Board proposed a set of narrow changes to align them with recent guidance from the IASB.
The Financial Accounting Standards Board released a proposed accounting standards update Wednesday to better line up a company’s hedge accounting with its risk management strategies. Processing ...
Bloomberg Law News: Standard-Setters Look to Cash Flows to Clarify Lease Accounting
Global lease accounting rules won’t be changed despite investor complaints about the usefulness of financial information companies report in their cash flow statements, standard-setters decided ...
The SEC’s Chief Accountant Paul Munter, released a statement “Accounting Standard Setting in a Rapidly Evolving Business Environment: A Focus on the Timely Delivery of Investor Priorities,” discussing ...
JD Supra: Partnership For Carbon Accounting Financials Publishes Draft Global Carbon Accounting Standard
On , the Partnership for Carbon Accounting Financials (“PCAF”) released a draft standard outlining a proposed approach for global carbon accounting. This standard, the “Global Carbon ...
Public companies’ required implementation of FASB’s new lease accounting standard in 2019 means that financial statement auditors need to be prepared to make new judgments. Although the private ...
A wave of significant accounting standard setting has created heavy compliance burdens that many company finance departments are struggling to handle. Just 37% of more than 140 companies surveyed by ...
With the effective date for the new lease accounting standard taking effect at the end of the year for public companies, many are finding themselves unprepared and their accounting systems in need of ...