Company executives know they have to follow U.S. accounting rules set by one board while their auditors must obey regulations from another. They may not appreciate the different political pressures ...

The Financial Accounting Standards Board has appointed Hillary Salo as the newest member of the board, succeeding vice chair James Kroeker when his term ends on June 30, 2024. Processing Content Salo ...

Robert Herz has retired as chairman of the Financial Accounting Standards Board after eight years of leading the Norwalk-based panel that sets U.S. accounting standards. Leslie Seidman, a FASB member, ...

SEC Chairman Christopher Cox, speaking this week at an AICPA conference, said investors have told the SEC that fair value measurement has increased transparency in financial reporting. But Cox ...

Due to new standards issued by the Financial Accounting Standards Board (FASB) in late 2022, companies with supply chain financing are now required to comply with additional disclosures intended to ...

Discover how the Accounting Principles Board (APB) set foundational accounting standards and influenced today's GAAP under the FASB in the financial reporting world.

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

The Financial Accounting Standards Board voted Wednesday against deferring the lease accounting standard for a third time for private companies and not-for-profit organizations. The standard is set to ...