The new international accounting standard is aimed at more consistent reporting that’s better aligned with how businesses are ...

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 ...

Companies must produce a series of financial statements to provide information on the their activities, net worth and viability. There are three main financial statements maintained by companies and ...

Charlene Rhinehart is a CPA , CFE, chair of an Illinois CPA Society committee, and has a degree in accounting and finance from DePaul University. Katrina Ávila Munichiello is an experienced editor, ...

Amortization of a company's intangible assets can take as long as 40 years, depending on the types of assets disclosed on the company's financial statements. How these assets affect financial ...

HOUSTON--(BUSINESS WIRE)--Exterran Corporation (NYSE:EXTN) (“Exterran” or the “Company”) today announced that it will restate its consolidated and combined financial statements for 2015. The Audit ...

Income statements, balance sheets and cash flow statements. If you're running a business, you probably have some knowledge of basic financial statements and how to use them. But do you know why ...

The International Financial Reporting Standards Foundation has published a set of near-final examples showing how companies can improve the reporting of uncertainties in their financial statements ...

Investors in McDonald's Corporation (NYSE:MCD) had a good week, as its shares rose 2.6% to close at US$308 following the release of its second-quarter results. Results overall were respectable, with ...