NEEDHAM, Mass., April 19, 2018 /PRNewswire/ -- AccuFund, Inc., provider of financial reporting and accounting software for nonprofit, municipal and government organizations, today announced a new ...

Currently, companies typically include in their income statements expense captions for selling, general and administrative expenses, cost of services and other cost of revenues, and cost of tangible ...

The Financial Accounting Standards Board (FASB) passed ASU 2016-01 in January 2016 with implementation beginning in fiscal year 2018. This rule impacts the way companies account for changes in the ...

In June 2016, the Financial Accounting Standards Board issued Accounting Standards Update (ASU) No. 2016-13, Financial Instruments—Credit Losses (Topic 326). The ASU is the new impairment standard, ...

NORWALK, Conn.--(BUSINESS WIRE)--The Financial Accounting Standards Board (FASB) today issued an Accounting Standards Update (ASU) that clarifies and removes inconsistencies in key areas of U.S.

FASB proposed narrow-scope changes Thursday to its new standard for accounting for credit losses in a move designed to address issues raised by stakeholders during implementation. Accounting Standards ...

In 2016, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2016-02, Leases. This new lease accounting standard (ASC 842) significantly impacts how private and ...

The Financial Accounting Standards Board (FASB) has released a proposed Accounting Standards Update (ASU), designed to improve the clarity of expense information for public business entities. FASB ...

The Financial Accounting Standards Board (FASB) passed ASU 2016-01, “Recognition and Measurement of Financial Assets and Financial Liabilities,” in January 2016 with implementation beginning in fiscal ...