GASB issued guidance aimed at improving the blueprint for government financial reports that it established a quarter-century ago. According to a news release, Statement No. 103 builds on Statement No.

Running a farm isn’t just what you do in the field. A farmer also needs to have a solid, up-to-date view of their farm’s ...

It should be no surprise that accounting standards have become more complex over the years. Transactions have become increasingly challenging as new products and services emerge and financial ...

Find out what to include in a cash flow statement, as well as its limitations and how cash flow is calculated.

The most frequently asked question at all-hands meetings for a securities offering is “What financial statements will be needed?” The question ...

Business decisions are often driven by data, so the accuracy and reliability of financial statements are paramount. One misstep in financial reporting can have far-reaching consequences, eroding ...

The International Financial Reporting Standards Foundation has published a set of near-final examples showing how companies can improve the reporting of uncertainties in their financial statements ...

Income statements, balance sheets and cash flow statements. If you're running a business, you probably have some knowledge of basic financial statements and how to use them. But do you know why ...

The Financial Accounting Standards Board released an accounting standards update Monday to improve financial reporting by requiring public companies to disclose, in their interim and annual reporting ...

Michelle Cull is a member of CPA Australia, the Financial Advice Association Australia and President Elect of the Academy of Financial Services in the United States. Michelle is an academic member of ...

The annual financial report is the report used to disclose consolidated financial information of the University of Alabama at Birmingham and its component units. The report includes the audited ...