Burn, baby, burn. That's a beautiful thing.” These words came from an Enron energy trader, caught on tape during the ...

Learn how general provisions function as financial safeguards, set aside by companies to cover potential future losses, and the regulations that guide their use.

Discover how Statements of Financial Accounting Standards (SFAS) guide U.S. accounting principles. Learn about their impact and why they've been replaced.

The Financial Accounting Standards Board released an accounting standards update Wednesday to improve its codification of standards on different topics, including technical corrections, unintended ...

In the heart of Beawar, activists and villagers gather late in the afternoon on October 11. They sit on a carpet laid across a triangular section of road between the historic Chang gate and the ...

GAAP ensures public companies report finances consistently for clear investor comparisons. GAAP adherence is mandated by the SEC, crucial for comparing financial performance. Understanding GAAP helps ...

PACIFIC COAST OIL TRUST (OTC--ROYTL) (the "Trust"), a royalty trust formed by Pacific Coast Energy Company LP ("PCEC"), announced today that there will be no cash distribution to the holders of its ...

With less than 6 months to go before coming into effect, the UK accounting standards are due to change and impact a host of major sectors. Now is the time for businesses to start preparing for ...

Simply sign up to the US financial regulation myFT Digest -- delivered directly to your inbox. The top US markets regulator has threatened to ban overseas companies from using accounting rules from ...

Washington, D.C. – Today, the Office of Management and Budget’s Cost Accounting Standards (CAS) Board, chaired by the Office of Federal Procurement, published two proposed rules to eliminate more than ...

Tax accountants and lawyers detail the arduous process wealthy New Yorkers would have to face to avoid paying New York State and city taxes. By Matthew Haag The move by the parent company of ChatGPT ...