The Financial Accounting Standards Board has issued a standards update aimed at clarifying the interaction between the rules related to equity securities, equity method investments and certain ...

Assets, liabilities, and equity accounts are reported on the balance sheet, which utilizes financial accounting to report ownership of the company’s future economic benefits. International public ...

The Securities and Exchange Commission and the Public Company Accounting Oversight Board have expressed renewed focus on public accounting firms' obligations to create and maintain a culture of ...

Despite having amassed more than $10 trillion in capital, private equity and private credit firms suffer from byzantine, legacy accounting infrastructure. Fintech startup Maybern makes software that ...

Gift Article 10 Remaining As a subscriber, you have 10 articles to gift each month. Gifting allows recipients to access the article for free. Private-equity investors are circling accounting firms as ...

While the influx of private equity into the accounting profession has brought much-needed capital and a welcome alternative to firms, it's definitely not for everyone, say experts. In fact, the ...

FASB issued a new standard Wednesday that is designed to simplify financial reporting associated with accounting for convertible instruments and contracts in an entity’s own equity. The board reduced ...

Jeff Ferro, chief executive of Baker Tilly, the nation’s 10th largest accounting firm, had reached an uncomfortable conclusion: To stay competitive, his firm had to invest more in technology, mergers ...