Discover the key differences between IFRS and GAAP accounting standards, and learn how they impact financial reporting for ...

TAMPA, Fla., Jan. 09, 2026 (GLOBE NEWSWIRE) -- AACSB International today released exposure drafts of its inaugural Global Standards for Business Education and 2026 Accounting Accreditation Standards ...

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 ...

Lawmakers and business leaders have seen a need to harmonize or integrate, the accounting standards of the United States, which operates under Generally Accepted Accounting Principles (GAAP), with ...

Multiple options for private company financial reporting have emerged this year as standard setters, the AICPA, and other organizations have sought to reduce complexity and costs for small business ...

The Financial Accounting Standards Board released another chapter Wednesday of its conceptual framework related to the recognition and derecognition of an item in financial statements. Chapter 5 of ...

IASB has shared plans that could involve addressing crypto and digital assets as part of its broader efforts to update ...

If you are the owner of a private company, this is the year you will need to change your accounting framework for the fiscal year following Dec. 31, 2010. Instead of using Canadian generally accepted ...

Learn what every business owner needs to know about financial accounting, accounting software and financial statements.

This article was updated with additional reporting at 5:20 p.m. Eastern. If the thought of organizing your business financial statements gives you a headache, announcements from two leading U.S.

Discover the key differences in inventory accounting between GAAP and IFRS, including valuation methods, write-down reversals ...