Financial reporting

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.

Japanese electronics giant can't seem to get past accounting problems.

The Financial Accounting Standards Board has released the 2017 GAAP Financial Reporting Taxonomy, although final acceptance by the Securities and Exchange Commission is still pending.

Some non-GAAP financial measures are more kosher than others, and the SEC is looking to provide better guidance.