The company’s latest annual report throws the doors wide open once again on Halliburton’s penchant for offshoring its profits ...

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 ...

The Financial Accounting Standards Board has appointed Hillary H. Salo, a partner at KPMG, as its new technical director and chair of the Emerging Issues Task Force. She started her accounting career ...

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 ...

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 ...

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 ...

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 ...

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 ...

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?

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 ...

Effective dates will be delayed for private companies and certain other entities for FASB’s standards on accounting for leases, credit losses (known as CECL), and hedging after a unanimous vote ...

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 — ...