Accounting Today

JULY 24, 2024

The Financial Accounting Standards Board issued a proposed accounting standards update to request public comments on possible changes to two of its standards.

Financial Accounting 306

Financial Accounting Accounting Accounting Financial Reporting 306

Accounting Today

DECEMBER 13, 2023

The Financial Accounting Standards Board released its long-awaited accounting standards update to improve the accounting for and disclosure of certain cryptoassets.

Financial Accounting 331

Financial Accounting Accounting Accounting 331

Accounting Today

JULY 12, 2024

The Financial Accounting Standards Board released a new chapter of its Conceptual Framework on the measurement of items recognized in financial statements, while also drawing that project to a close.

Financial Statements 312

Financial Statements Financial Accounting Accounting Accounting 312

Accounting Today

OCTOBER 21, 2024

The Financial Accounting Standards Board has decided to tweak some of its standards related to contract assets and liabilities for construction contractors.

Financial Accounting 306

Financial Accounting Accounting Accounting 306

Accounting Today

NOVEMBER 13, 2024

The Financial Accounting Standards Board issued a proposed accounting standards update that aims to improve the navigability of the disclosures that need to be provided for interim reporting periods.

Financial Accounting 297

Financial Accounting Accounting Accounting Financial Reporting 297

Accounting Today

DECEMBER 19, 2024

The Financial Accounting Standards Board issued an invitation to comment on whether to pursue a project on accounting for intangible assets.

Accounting 180

Accounting Accounting Financial Accounting Financial Reporting 180

Accounting Today

AUGUST 30, 2023

The Financial Accounting Standards Board voted to require companies to tell the public more about the taxes they pay, starting as early as 2025.

Tax 350

Tax Financial Accounting Accounting Accounting 350

Accounting Today

OCTOBER 10, 2023

The Financial Accounting Standards Board is incorporating some of the Securities and Exchange Commission's disclosure requirements into its Accounting Standards Codification.

Financial Accounting 316

Financial Accounting Accounting Accounting Financial Reporting 316

Accounting Tools

JULY 24, 2023

Related Courses Accountants’ Guidebook Bookkeeper Education Bundle Bookkeeping Guidebook What are the Basics of Financial Accounting? This article gives an overview of financial accounting basics for the non-accountant. Its orientation is toward recording financial information about a business.

Financial Accounting 75

Financial Accounting General Ledger Accounting Accounting 75

Accounting Today

DECEMBER 14, 2023

The Financial Accounting Standards Board issued an accounting standards update Thursday aimed at improving income tax disclosures from companies.

Tax 317

Tax Financial Accounting Accounting Accounting 317

Accounting Today

AUGUST 30, 2023

The Financial Accounting Standards Board released another chapter of its conceptual framework related to the recognition and derecognition of an item in financial statements.

Financial Statements 316

Financial Statements Financial Accounting Accounting Accounting 316

Accounting Today

DECEMBER 28, 2023

The Financial Accounting Standards Board has decided not to add several projects to its technical agenda, including one on commodities, despite requests.

Financial Accounting 312

Financial Accounting Accounting Accounting Financial Reporting 312

Accounting Tools

OCTOBER 27, 2023

Related Courses Accountants’ Guidebook Cost Accounting Fundamentals There are a number of differences between cost accounting and financial accounting , which are noted below. Cost accounting involves the preparation of a broad range of reports that management needs to run a business.

Cost Accounting 75

Cost Accounting Financial Accounting Accounting Accounting 75

Accounting Today

JANUARY 6, 2025

The Financial Accounting Standards Board released an update to clarify the interim effective date of its standard on disaggregation of income statement expenses for non-calendar year-end companies.

Financial Accounting 264

Financial Accounting Accounting Accounting Financial Reporting 264

Accounting Today

NOVEMBER 26, 2024

Byju's, once India's most valued startup, is fighting for its life in courts in India and the U.S.

Financial Accounting 100

Financial Accounting Accounting Accounting 100

Accounting Today

NOVEMBER 19, 2024

The Financial Accounting Standards Board issued a proposed accounting standards update to establish authoritative guidance on the accounting for government grants received by business entities.

Accounting 147

Accounting Accounting Financial Accounting 147

Intuit

DECEMBER 23, 2024

Users can sync their bank accounts to the app, share their financial profiles with friends and family, split transactions (i.e., It syncs with your bank accounts and automatically imports transactions. One account can host up to six people. Every dollar (hence the name) of your monthly income is accounted for.

Budgeting 130

Budgeting Billing Financial Accounting Accounting 130

Accounting Today

MAY 29, 2024

The Financial Accounting Foundation commemorated the 40th anniversary of the creation of the Governmental Accounting Standards Board in its annual report and also referenced the 50th anniversary last year of the Financial Accounting Standards Board.

Financial Accounting 195

Financial Accounting Accounting Accounting 195

Accounting Today

JANUARY 23, 2024

The Financial Accounting Foundation has overhauled the website for the Financial Accounting Standards Board, with new websites in the works for the Governmental Accounting Standards Board and the FAF itself in the weeks ahead.

Financial Accounting 200

Financial Accounting Accounting Accounting 200

Accounting Today

DECEMBER 19, 2024

The Financial Accounting Foundation report found the Private Company Council has been performing its duties effectively and should continue to operate.

Financial Accounting 189

Financial Accounting Accounting Accounting 189

Accounting Today

FEBRUARY 29, 2024

The Financial Accounting Council is reviewing the effectiveness of the Private Company Council, the group that advises the Financial Accounting Standards Board about the perspective of privately held companies.

Financial Accounting 182

Financial Accounting Accounting Accounting 182

Accounting Today

SEPTEMBER 5, 2023

Miguel Gutierrez argues he had nothing to do with the attempt to manipulate the retailer's financial accounts that led to a massive accounting scandal.

Financial Accounting 182

Financial Accounting Accounting Accounting 182

Black Ink Tax & Accounting

JANUARY 17, 2025

Table of Contents Why Statement of Cash Flow is Important: Understanding Cash Flow Statement A statement is one cashflow that […] The post Accounting Principles of Financial Accounting appeared first on bitaccounting.

Financial Accounting 40

Financial Accounting Accounting Accounting 40

Accounting Today

JANUARY 8, 2025

The Financial Accounting Foundation is looking for nominations for leadership roles, including FAF executive director.

Financial Accounting 162

Financial Accounting Accounting Accounting 162

Counto

FEBRUARY 23, 2025

Forensic Accounting: Helping Businesses Detect and Prevent Fraud Financial fraud can quietly drain resources and damage a company’s reputation. For small businesses in Singapore, where financial oversight may be limited, fraud can have severe consequences. This is where forensic accounting plays a crucial role.

Accounting 52

Accounting Accounting Bookkeeping Financial Analysis 52

Accounting Tools

JULY 11, 2023

Related Courses Accountants’ Guidebook Bookkeeper Education Bundle Bookkeeping Guidebook What is Financial Accounting? Financial accounting is the practice of recording and aggregating financial transactions into financial statements. Management accounting reports are only intended for internal use.

Financial Accounting 40

Financial Accounting Financial Statements Accounting Accounting 40

Accounting Today

JANUARY 22, 2025

The Financial Accounting Standards Board released a proposed ASU containing a set of targeted improvements to the FASB Accounting Standards Codification.

Financial Accounting 147

Financial Accounting Accounting Accounting Financial Reporting 147

Accounting Tools

OCTOBER 9, 2023

Related Courses GAAP Guidebook International Accounting What is a Statement of Financial Accounting Standards? A statement of financial accounting standards (SFAS) gives detailed guidance on how to deal with a specific accounting issue.

Financial Accounting 40

Financial Accounting Accounting Accounting Financial Statements 40

Accounting Today

JANUARY 3, 2025

The Financial Accounting Standards Board published an Invitation to Comment and asked stakeholders for feedback on its future standard-setting agenda.

Financial Accounting 147

Financial Accounting Accounting Accounting 147

Accounting Tools

AUGUST 26, 2023

Related Courses GAAP Guidebook International Accounting What is the Financial Accounting Standards Board? The Financial Accounting Standards Board (FASB) creates accounting standards for use within the Generally Accepted Accounting Principles ( GAAP ) framework.

Financial Accounting 40

Financial Accounting Accounting Accounting Financial Statements 40

Accounting Tools

OCTOBER 13, 2023

Related Courses GAAP Guidebook International Accounting What are the Statements of Financial Accounting Concepts? Concepts statements set the objectives and qualitative characteristics used to to determine which business transactions and events shall be recognized and measured in financial reports.

Financial Accounting 40

Financial Accounting Accounting Accounting Financial Reporting 40

Xero

APRIL 16, 2023

Available in the United Kingdom, Ecologi Zero provides free carbon accounting to small businesses, syncing with Xero and showing emissions from your own business and that of your supply chain, revealing emissions hotspots and areas to improve on an easy-to-use dashboard. Evalue8 Sustainability. CarbonInvoice. CarbonTrail. Zero Carbon.

XERO 279

XERO Collections Auditing Invoicing 279

Accounting Today

DECEMBER 3, 2024

The Financial Accounting Standards Board is seeking comments on a practical expedient and an accounting policy election for stakeholders.

Financial Accounting 130

Financial Accounting Accounting Accounting 130

Less Accounting

DECEMBER 1, 2023

Wrap 2023 Up in a Bow: Here's Your Year-End Accounting Checklist As you wrap up gifts for loved ones, you might be considering what else needs to be done to wrap up your business for the year. This year-end accounting checklist can help you confidently cruise into the holiday season, leaving you ready to make a splash in the new year.

Accounting 105

Accounting Accounting Bookkeeping Budgeting 105

Accounting Today

NOVEMBER 25, 2024

The Financial Accounting Standards Board released a post-implementation review of its rev rec standard a decade after its implementation.

Financial Accounting 130

Financial Accounting Accounting Accounting 130

Accounting Tools

MARCH 27, 2023

Related Courses Cost Accounting Fundamentals Financial Analysis What is Cost Accounting? Cost accounting examines the cost structure of a business. None of these tools are used by financial accountants, who are more concerned with the production of financial statements.

Cost Accounting 75

Cost Accounting Financial Statements Accounting Accounting 75

Accounting Today

DECEMBER 27, 2024

The Financial Accounting Standards Board has posted the 2025 GAAP Financial Reporting Taxonomy, SEC Reporting Taxonomy and GAAP Employee Benefit Plan Taxonomy.

Financial Reporting 130

Financial Reporting Financial Accounting Accounting Accounting 130