Crunchafi, a leader in SaaS technology for accounting and financial professionals, today announced it will host a webinar on March 25 titled "ASC 842, Five Years Later: Lessons from the FASB Review." ...

The Financial Accounting Foundation has reappointed James L. Kroeker to a second term as vice chairman of the Financial Accounting Standards Board and appointed Gary R. Buesser, a portfolio manager ...

Great news for banks. We’ve decided to establish a self-governing body to create federal common law principles governing corporate conduct. Processing Content Since Congress has never legislated in ...

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.

At a meeting of the SEC’s Investor Advisory Committee in June last year, the Committee discussed the importance of non-traditional financial information. According to the panel’s moderator, investors ...

Russell Golden never set out to be a lightning rod for bankers. Golden, who recently wrapped up 16 years at the Financial Accounting Standards Board — the last seven as chairman — thought he would ...

FASB issued a new accounting standard Thursday that is designed to help not-for-profits tell their story through their financial statements. Not-for-profit financial statements have been prepared ...

In 1973, the Financial Accounting Standards Board was established to develop a set of financial accounting standards known as generally accepted accounting principals for the private sector. GAAP ...

The Financial Accounting Standards Board is a non-governmental, accounting-oversight organization that maintains accepted accounting rules that businesses in the U.S. follow. If businesses do not ...

A “screen”. The “framework”. “Single or similar asset threshold”. Is anyone else scratching their head when they read the Financial Accounting Standards Board’s (FASB) new definition of a business?

Starting a business is an exciting time. From coming up with the name to window-shopping for office space, it’s the epitome of the American Dream. Well, the rules of that American Dream are changing — ...