The 150-hour rule for obtaining a CPA license is getting blamed in many quarters lately for the shortage of accountants, but another culprit may be the proliferation of complicated accounting ...

The White House’s Cost Accounting Standards Board (CAS) has proposed eliminating more than 60 redundant accounting rules that have remained largely unchanged for over 50 years. The board published two ...

Last year, two significant changes in accounting rules were adopted to offer relief to privately held companies who have made acquisitions in the past or are planning one. Last year, two significant ...

Macrina Kgil, CFO of the newly public Figure Technology Solutions, would like to see the FASB classify stablecoins as cash.

U.S. securities regulators floated a plan Wednesday that could require U.S. companies to switch to international accounting rules, starting in 2014, and permit others to make the switch even sooner.

After years of deliberation, the Financial Accounting Standards Board last week released a draft of proposed changes to accounting rules for nonprofits. Many of the changes will be useful to donors ...

Learn what a compensating balance is, how it can affect loan terms, its role in business borrowing, plus key examples and accounting rules.

Barclay Palmer is a creative executive with 10+ years of creating or managing premium programming and brands/businesses across various platforms. Andy Smith is a Certified Financial Planner (CFP®), ...

The Governmental Accounting Standards Board is getting ready to roll out new rules and proposals for state and local governments, including improvements to the financial reporting model, ...