IMGCAP(1)]I’m a CPA, and I’m here to tell you financial reporting became simpler and easier to use in two significant areas. Yes, I realize you’re not used to hearing that from an accountant or ...

Discover the three essential financial statements required by GAAP: income statement, balance sheet, and cash flow statement, ...

Learn about accounting interpretations, why they matter, and how they clarify standards, prevent errors, and provide consistency in financial reporting.

IMGCAP(1)]During 2013, the scene was set for significant changes in financial reporting for private companies and evolved into a battle between standard-setting bodies. All the changes centered on the ...

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 ...

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 ...

It should be no surprise that accounting standards have become more complex over the years. Transactions have become increasingly challenging as new products and services emerge and financial ...

Dr. Alexander Sannella, professor and director of the MBA in Professional Accounting and the MAccy in Professional Accounting programs, has been serving on the Financial Reporting Executive Committee ...

NORWALK, Conn.--(BUSINESS WIRE)--The Financial Accounting Foundation (FAF) Board of Trustees, today announced the appointment of new members to the Financial Accounting Standards Advisory Council ...