Accounting standards, be they U.S. focused (Generally Accepted Accounting Principles), or standards promulgated by the International Accounting Standards Board (IASB) were both developed and ...

However, most have adopted generally accepted accounting principles (GAAP) or International Financial Reporting Standards (IFRS). GAAP In the U.S., publicly traded companies must follow GAAP when ...

The International Financial Reporting Standards (IFRS), are a different set of rules that cover much of the rest of the world. IFRS and GAAP disagree on some rules, such as how financial ...

The IASB and the Financial Accounting Standards Board began working toward convergence of international and U.S. accounting standards in 2002, when the two boards jointly issued a Memorandum of ...

The International Sustainability Standards Board has far-reaching goals over the next five to 10 years. To start, it is working to build momentum for worldwide rules around how organizations will ...

A new study by Dr. Heylel-li Biton of the Hebrew University Business School sheds light on a long-standing question in global ...

[SINGAPORE] Increasingly complex financial reporting standards aren't complex for the sake of being so, says Hans Hoogervorst; rather, such complexity reflects the economic reality we live in. Mr ...

State and local government pensions admit to being underfunded by over one trillion dollars. But using the tougher accounting standards applied in other countries, state and local pension deficits ...

Prime Why Kenya’s public sector needs global accounting standards Wednesday, December 23, 2009 — updated on December 18, 2020 - 6 min read ...

More important, the S.E.C. should permit corporations with publicly traded stock to have the option of basing their accounting statements on either the U.S. or international accounting standards.