The Financial Accounting Standards Board posted an accounting standards update to address its stakeholders' concerns about the application of derivative accounting and its scope. The concerns involve ...

The Financial Accounting Standards Board issued a proposed accounting standards update to request public comments on possible changes to two of its standards. Processing Content The proposed ASU, ...

One of the themes I developed in my 2010 book, “Inflated: How Money & Debt Built the American Dream, opens new tab,” is the idea that significant amounts of the reported GDP and employment of the post ...

The question of how to account for digital assets has emerged as a challenging one for accountants as use of these assets becomes increasingly common. Although accounting for exchange-traded digital ...

Discover how micro accounting works at personal, corporate, and government levels. Learn its processes and how it contrasts with macro accounting strategies.

NEW YORK (Reuters) - Wall Street's biggest banks are urging rule-makers to scrap a derivative accounting proposal that could inflate their balance sheets by trillions of dollars. The draft rules, ...

Banks have lashed out at the Financial Accounting Standard Board over its proposal to eliminate an exemption for derivatives regarding the reporting of gross assets and liabilities. In complaints to ...

As the trend toward using equity derivatives in corporate finance sweeps Europe, the situation in the US couldnt be more different. Companies have long used equity derivatives to help manage ...

NRG Energy, one of the S&P 500’s biggest year-to-date gainers, has volatile earnings due to its large derivatives-trading operation. Late last year, an accounting switcheroo let it start acting like ...