On December 3, the Supreme Court of Delaware issued an important decision related to purchase price adjustments and, specifically, how a seller's misapplication of accounting rules can leave buyer on ...

For the black-and-white reputation that accounting has, the profession allows transactions to be accounted for in many different ways. The preferred method of accounting for a transaction depends on ...

Learn what every business owner needs to know about financial accounting, accounting software and financial statements.

All small businesses incur expenses in the operation of the business. Those expenses are deductible items that the business owner can use to reduce income, effectively lowering the amount of federal ...

Proposed regulations (REG-132766-18) issued Thursday update various tax accounting regulations to adopt the simplified tax accounting rules for small businesses enacted by the law known as the Tax ...

LONDON (Reuters) - The European Union will play an active role in a review of the accounting principles which underpin the way books are checked for companies around the world, France's top accounting ...

The federal banking and thrift regulatory agencies announced on January 21, 2010 the final risk-based capital rule related to the Financial Accounting Standards Board's adoption of Statements of ...

Cryptoasset holders — and the CPAs who advise them — have the opportunity to early adopt favorable new accounting rules that officially take effect from December 2024. FASB’s new guidance, which goes ...