The remaking of the board is far more common at the PCAOB than the FASB—and expected to recur under coming SEC leadership.

The Financial Accounting Standards Board (FASB), a private, nonprofit organisation that sets financial accounting standards for US businesses and nonprofits, has announced a call for stakeholder input ...

The proposed ASU would add definitions for environmental credits and obligations to the FASB's ASC Master Glossary.

Apple Inc., Salesforce Inc., and Big Four accounting firms generally endorsed a plan to better align financial reporting with ...

working with organizations like the Financial Accounting Standards Board (FASB) to address emerging issues in earnings management. One example of earnings management is when a company adopts an ...

Modernizing the way businesses report on increasingly important intangible assets like software is among the global ...

In the United States, two private-sector entities set the accounting standards for businesses: the Financial Accounting Standards Board (FASB) and the Governmental Accounting Standards Board (GASB).

The gain reflects a new accounting adjustment, lifting Tesla’s reported digital asset value to $1.076 billion from $184 ...