Accounting professionals are accustomed to complying with accounting standards. Generally accepted accounting standards set the guidelines for reporting financial transactions in the United States.

The International Accounting Standards Board proposed changes to financial statements aimed at making them more comparable, and at bringing greater transparency to “non-GAAP” measures. Processing ...

Learn 12 essential things about financial statements that investors need to know. These insights can guide smarter investment decisions and identify potential winners.

International Financial Reporting Standards (IFRS) are destined to be the lingua franca of the international accounting world. Approximately 100 countries already require, allow or are in the process ...

A key ongoing shift in financial reporting to the International Financial Reporting Standards (IFRS) 17 is underway, representing a significant accounting change that has necessitated segmentation of ...

Discover the key differences between IFRS and GAAP accounting standards, and learn how they impact financial reporting for businesses globally.

The International Accounting Standards Board has introduced a new standard to give investors more readily comparable information about companies' operating profits in one of the biggest changes to ...