The Governmental Accounting Standards Board floated a proposal Thursday to set requirements for some types of capital assets to be disclosed separately by state and local governments for purposes of ...

Understanding intercorporate investments is key to determining the future prospects of any business. Learn how they impact business value with these accounting insights.

Rochester Institute of Technology adopted the Financial Accounting Standards Board (FASB) new accounting guidance on leases FASB Accounting Standards Codification Section 842 ("ASC 842") on July 1, ...

Barclay Palmer is a creative executive with 10+ years of creating or managing premium programming and brands/businesses across various platforms. Andy Smith is a Certified Financial Planner (CFP®), ...

F or many years, the IRS clashed over the cash method of accounting with small business taxpayers who provided services as the mainstay of their business but who were categorized as inventory ...

Back in the days before Enron was a household word, Americans inclined to boast about their economic system often pointed to U.S. accounting rules. Tirelessly, U.S. officials sang the praises of ...