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Accounting Regulations

The latest news on accounting standards, developments at FASB, IASB, IFAC, and the PCAOB, along with government regulations from agencies like the SEC, FTC, and international bodies.

FASB Proposes to Simplify Inventory Measurement

The Financial Accounting Standards Board has proposed a pair of Accounting Standards Updates aimed at simplifying the process of inventory measurement and eliminating the requirements for extraordinary items. Read more »

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