Learn about the Statement of Financial Accounting Concepts issued by FASB, outlining financial reporting principles and their role in shaping GAAP standards.

Whether you're planning to pursue a career in accounting, management, finance, economics, or any other related field, learning the fundamentals of accounting can provide the framework you need to be ...

The Federal Accounting Standards Advisory Board (FASAB) is seeking feedback on an exposure draft aimed at further standardizing and adding value to note disclosures in financial statements.

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 long-running project ...

The conceptual framework is a series of Statements of Financial Accounting Concepts (SFACs), taken as a whole, set the objectives, characteristics and other concepts that determine how financial ...

Accounting is often referred to as the language of business because it is the concept that presents information to business leaders who need it to make important decisions. It condenses the activities ...

The concept of materiality was defined more precisely for federal government entities in an accounting standard issued Monday by the Federal Accounting Standards Advisory Board. The guidance is ...

Money rules the world. From Fortune 500 companies to the dollar bills in your wallet, money is what makes the world go round. Although many people lack a basic understanding of money. That’s why we ...

Our program requires the completion of 10 courses (30 credit hours) -- seven required courses (21 total credits) and three elective courses (9 total credits). Our curriculum has been developed with ...