The Financial Accounting Standards Board (FASB) is reportedly considering establishing rules for cryptocurrency asset ...

The spending bill that ended the federal government shutdown did not include an earlier proposal requiring FASB to withdraw its income tax disclosure standards.

Global standard-setters changed the accounting rules for companies recording business deals in hyperinflationary economies, offering a quick fix Thursday while considering a wider rewrite.

The Financial Accounting Standards Board aims to improving the accounting for purchased loans as it confronts a potential ...

Rules and regulations evolve to bring order to chaos. Traffic laws were born from chaos on the roads. Cybersecurity laws to ...

The US FASB is evaluating whether to expand its crypto accounting guidelines to include rules for crypto asset transfers.

The United States Financial Accounting Standards Board has unanimously approved rules for accounting for the fair value of companies’ cryptocurrency holdings, according to media reports. The rules ...

Last year, two significant changes in accounting rules were adopted to offer relief to privately held companies who have made acquisitions in the past or are planning one. Last year, two significant ...

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The American Institute of CPAs and state societies want to introduce high school students to the accounting profession, as ...

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 ...

LONDON (Reuters) - The European Union will play an active role in a review of the accounting principles which underpin the way books are checked for companies around the world, France's top accounting ...