Three FASB board members say the requirements don’t provide investors with adequate details on government assistance.

Moody’s thinks this new approach could have some negative effects on the capital markets. "The proposal — initiated to give smaller companies more time to implement the new accounting changes — would ...

Accounting rules makers made more progress Wednesday on new guidelines for the financing vehicles used by Enron Corp. to hide debts, a change that would force thousands of firms to add liabilities ...

In the engagement proposal process, the way a firm allocates time could be the difference between winning new business -- or losing out. Template creation is one of the biggest initial time-savers, a ...

In June the FASB voted 7-0 for the more targeted update, even as some expressed concerns about not going far enough to modernize GAAP rules.

A proposal issued Friday by the AICPA Accounting and Review Services Committee (ARSC) would result in flexibility provided to practitioners in performing and reporting on a procedures and findings ...

The International Accounting Standards Board (IASB) and Financial Accounting Standards Board (FASB) (collectively, the "Boards") are nearing the Exposure Draft stage (expected issuance in mid-2010 ...

Despite significant changes, companies and investors expect that a forthcoming proposal aimed at overhauling lease-accounting rules will be more costly in some areas than the current standard.