Leases, most leases will be reflected on a lessee’s balance sheet as an obligation to make lease payments (a liability) and a related ROU asset (an asset). We have received references from various ...

The accounting discrepancy contravened Reserve Bank of India rules, though the central bank has said IndusInd is ...

The American Institute of CPAs' Auditing Standards Board is looking for feedback on its proposed strategic plan for 2026-30.

Explore the fundamentals of cash flow statements, including their structure, significance, and the insights they provide into ...

A survey by IRIS Software Group found that 24% of respondents remain completely unaware of the changes to the FRS 102 ...

The US Securities and Exchange Commission (SEC) has accepted the 2025 taxonomies for financial reporting as announced by the ...

Read to find out more about amortization, an important accounting method that accounts for the reduction in value of intangible assets over time.

Rules related to recording debt, such as debt modifications and extinguishments, on balance sheets will be top of mind this year for an advisory panel that helps private companies apply complex ...

GAAP and IFRS are the two major standards used worldwide. Accounting principles are guidelines ... including the formatting of balance sheets and the treatment of interest, asset revaluations ...

In addition to adding a sumptuous and elevated look to your bedroom, the best silk sheets may help you sleep cooler and even have properties that are beneficial to your skin and hair. We chose the ...

The Governmental Accounting Standards Board today published a post-implementation review report on GASB Statement No. 72, Fair Value Measurement and Application. The report, issued by GASB staff, says ...

It could drive global standards of data management and accounting,” Ran Guo ... 60 million registered companies — had recorded data assets on their balance sheets, according to an estimate from ...