The Governmental Accounting Standards Board has issued an end of the year Statement which addresses inconsistencies in the financial reporting and definition of an accounting wormhole.

The Financial Accounting Standards Board published an accounting standards update with the goal of improving the navigability of the required interim reporting disclosures while clarifying when that ...

The new standard marks the 11th accounting standards update issued by the FASB this year, up from four for the full 2024 and ...

A new state audit levels sharp criticism at previous TSU leaders over financial issues that went uncorrected for years.

The UK accounting regulator has launched an investigation into EY’s audit of Shell’s accounts for last year, the third time it has targeted the Big Four firm this year for potentially unauthorised ...

Explore how clean surplus accounting exposes hidden income statement items, impacts net income, and its significance for ...

Once the two tranches of the loan facility, amounting to up to €10 million have been received, SCHMID intends to complete its ...

Learn about changes in accounting principles and why businesses make them, as well as the reporting and recording ...

A scathing report compiled by the former Lake County Comptroller before he was fired demands that county government “solves its leadership problem” and modernizes how it leads and serves.

The draft standards, which align with the IFRS for SMEs framework, await approval from the NFRA before notification.

Friends of Sinn Féin, the party’s US lobbying and fundraising arm, which has transferred millions of euro to the party in ...

Financial management and transparency concerns resurfaced during the meeting as the city's legislative and executive branches ...