Financial statements report the business activities and financial performance of a company. Learn how they are used by executives, investors, and lenders.

It’s our busy season, and we’ve revised our column from December 2014 that delivers a coup de grace to the notion that the status quo is and always will be good enough. Our message is even more ...

Leaders with their finger on the pulse of sustainability reporting see an opportunity for accountants to create value. They also see that challenges such as interoperability and capacity building will ...

IMGCAP(1)]The recent financial crisis reminded us that financial reporting still needs improvement. Processing Content The need for more transparent financial information and financial statements that ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

The Financial Accounting Foundation’s review of the council, which works with FASB to support the interests of private companies in the standard-setting process, concluded that the council is serving ...

The accounting profession has been gripped for decades by the debate between advocates of a regime based on rules and those who prefer principles. Many countries—including Australia, France, Ireland, ...

The CFOs of public companies and companies aspiring to go public know all too well that public reporting and, in particular, financial reporting is a rigorously demanding process. The constant influx ...

Purpose: To provide an overview of the fundamentals for basic fund accounting and the financial reporting structure within the context of higher education accounting, Generally Accepted Accounting ...

The changing environment in the economy has been a massive influence on the business and political world. In particular, constant change has had an impact on where companies and people choose to put ...

TBILISI, June 21, 2017 – The official launch of the Service for Accounting, Reporting and Auditing Supervision (SARAS), a subordinated agency of Georgia’s Ministry of Finance, took place in Tbilisi on ...