Basis of accounting The financial statements are presented under the historical cost accounting convention as modified by the revaluation of certain plant and machinery and furniture and fittings. BBC ...

Daniel Tinkelman, a professor of accounting at Brooklyn College of the City University of New York, wants the FASB to clarify ...

The American Institute of CPAs has published a new guide with information on best practices for the accounting and valuation ...

The Financial Accounting Standards Board is seeking comments on a practical expedient and an accounting policy election for ...

That is up from 122 in the same period last year and more than double the figure four years ago. So-called reissuance restatements cover the most serious accounting errors, either because of the size ...

Saudi Arabia has transitioned to International Public Sector Accounting Standards (IPSAS) on an accrual basis, marking a step ...

Morocco’s real estate industry is bracing for an overhaul as the country gears up to implement the Real Estate Sector Accounting Plan (PCSI). This new accounting standard, set to take effect in ...