The Financial Accounting Standards Board released a post-implementation review Monday of its revenue recognition standard, reflecting on the benefits and costs of the wide-ranging standard a decade ...

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The Financial Accounting Standards Board released a staff educational paper Tuesday to answer questions about how to apply its revenue recognition standard to presentation and disclosures to ...

There are two dominant systems of accounting used by corporations around the world. In the U.S., companies use the generally accepted accounting principles, or GAAP, while international companies use ...

The January webcast also included a deep dive into step 3 of the five-step revenue recognition process outlined in FASB ASC 606. The AICPA A&A Focus Series webcast on Jan. 8 invited back experts for a ...

Accounting rules for hedging are designed to be better aligned with a company’s risk management activities under a new standard issued by FASB. The SEC has issued a staff accounting bulletin to bring ...

Earlier this week, the Financial Accounting Standards Board (FASB) together with the International Accounting Standards Board (IASB) issued a converged standard for how to recognize revenue in ...

With updated Q4 earnings, Nebius Group trades at an eye-catching 855x GAAP P/E, but headline EPS figures misrepresent true cash generation. See why I rate the NBIS stock a Hold.