Learn the essential components and how-to of an accounting manual, a vital resource containing your business's accounting ...

Countries and jurisdictions throughout the world mandate that entity financial statements be prepared using International Financial Reporting Standards, and that audits be conducted in accordance with ...

Discover how the Stability and Growth Pact governs EU fiscal policies to prevent overspending, its historical context, and ...

The Governmental Accounting Standards Board has issued an end of the year Statement which addresses inconsistencies in the financial reporting and definition of an accounting wormhole.

Taiwan is set to overhaul accounting rules to help life insurers ease the impact of foreign-exchange valuations on their ...

As a business owner, you understand that accounting has to be accurate, but you may not know why accounting standards – the rules with acronyms such as GAAP and IFRS – are such a big deal. If you were ...

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 ...

How do you improve the quality of financial reporting in countries switching from a planned to a market economy? Conventional wisdom suggests these countries should simply adopt high-quality ...