NORWALK, Conn.--(BUSINESS WIRE)--The Financial Accounting Standards Board (FASB) has issued an Exposure Draft (ED) of a proposed Accounting Standards Update (ASU) intended to improve accounting for ...

The Financial Accounting Standards Board issued Thursday its long awaited accounting standards update for credit losses, part of the convergence project on financial instruments that it has been ...

Norwalk, Conn. (May 16, 2003) -- In an effort to improve how issuers account for certain financial instruments with characteristics of both liabilities and equity, the FASB has issued a new Standard, ...

Learn how accounting spreadsheets work with real examples of journals plus when to switch to accounting software.

Accounting is the compilation of financial information for various purposes, such as managing a corporate budget, making informed decisions with regard to business operations and predicting future ...

Esoteric debt involves complex financial instruments that are not widely understood but can have significant impacts on ...

Translation risk is the foreign exchange risk associated with the translation of net investments in foreign operations into a group’s presentation currency when preparing consolidated financial ...