The Governmental Accounting Standards Board released an updated standard Tuesday to improve some of the main components of the financial reporting model for state and local governments. GASB Statement ...

FASB’s new model for impairment of financial instruments is clearing hurdles as the board pursues a different path than its international counterpart on expected credit loss. The revised credit ...

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.

The month-end close is accounting's most enduring ritual; a hard deadline that impacts workflows, sets review cycles, and ...

For more than 30 years, U.S. government agencies have published corporate-style financial statements with relatively little change in their look and feel. In what now could be considered a ...

The technology’s use in producing annual and quarterly filings—even with the requisite human oversight—raises questions of ...

Energy Fuels Inc. (UUUU) has disclosed a new risk, in the Accounting & Financial Operations category. Energy Fuels Inc. faces potential financial ...

Sustainability reporting and compliance are essential topics for companies around the globe. Previously, they were a nice-to-have, but they are now a must-do for many. Stakeholders and partners, ...

Michael Bromberg is a finance editor with a decade of experience. He is an expert at elucidating complex financial topics in clear, concise language. Michael received a Bachelor of Arts in literature ...

The Financial Reporting Council of Nigeria (FRC) has announced plans to formally integrate Islamic Finance Services into the country’s financial reporting framework by adopting standards issued by the ...

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, Nov. 11, 2025 (GLOBE ...

The UK accounting regulator has fined BDO and two former partners more than £6mn for “extremely serious” misconduct and poor ...