Financial reporting

A wide range of accounting and financial executives are tasked with evaluating what adjustments will need to be made and what new procedures will need to be put in place to handle the change.

FASB's current expected credit loss standard represents a major challenge for financial institutions -- and other businesses, too. Moody's Analytics' Chris Henkel discusses what it means.

Five more misconception find themselves in the crosshairs of Profs. Miller and Bahnson.

The Financial Accounting Standards Board has released a new standard that promises to simplify the goodwill impairment test, allowing many companies that don’t already apply the private company accounting alternative for goodwill to skip an extra step.

The American Institute of CPAs has been producing guidance for how different industries can deal with the new rev rec standard that will be taking effect at the end of the year.

The CFA Institute has published a two-part report examining the controversy over non-GAAP financial measures from an investor perspective.

Seattle-based financial services company agrees to pay a $500,000 penalty to settle charges with the Securities and Exchange Commission that it improperly performed hedge accounting and later took steps to impede potential whistleblowers.

Accounting students have the arduous task of learning how to prepare and analyze financial reports. Like other users of financial data, they may wonder if the numbers alone are enough to evaluate a firm.

The Financial Accounting Standards Board has issued a pair of proposed accounting standards updates.

The Financial Accounting Standards Board has released guidance aimed at clarifying the meaning of a “business” for purposes of the accounting rules.