Lease accounting is becoming more complex and detailed for private companies and not-for-profit entities. Business valuations may also be impacted by the new standard. Effective in fiscal years ...

GASB has decided to undertake a major project on accounting and financial reporting for going concern uncertainties and severe financial stress. GASB issued a revised proposal that describes concepts ...

The International Accounting Standards Board is looking for feedback on some targeted improvements it's proposing to make to improve the requirements for recognizing and measuring provisions on ...