Norwalk, Conn. - Financial reporting authority Leslie F. Seidman, CPA, has been named to replace John K. Wulff on the Financial Accounting Standards Board. Having literally written the book on ...

The Financial Accounting Standards Board and the International Accounting Standards Board said Friday they would work together on seeking to reduce the differences in their classification and ...

Learn what every business owner needs to know about financial accounting, accounting software and financial statements.

FASB is seeking comments on a proposed Accounting Standards Update (ASU) that is intended to improve the accounting for purchased financial assets, requiring that all the assets — with certain limited ...

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 ...