Explore the key differences between successful-efforts and full-cost accounting methods for oil and gas companies, including their impact on expenses and financial transparency.
The Financial Accounting Standards Board released an accounting standards update Wednesday to improve its codification of standards on different topics, including technical corrections, unintended ...
FASB on Monday released its 2026 taxonomies. According to a news release, the SEC is expected to accept as final early next year the 2026 GAAP Financial Reporting Taxonomy (GRT), the 2026 SEC ...
Discover how Statements of Financial Accounting Standards (SFAS) guide U.S. accounting principles. Learn about their impact and why they've been replaced.
The Accountant on MSN
FASB to review cash-equivalent status of some crypto assets in 2026
US accounting standard maker will also consider how companies should recognise and report transfers of crypto assets.
FASB on Thursday published an Accounting Standards Update (ASU) that establishes authoritative guidance on the accounting for government grants received by business entities, filling in a ...
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