Discover how Dollar-Value LIFO works in inventory accounting, its advantages in inflationary times, and its impact on financial statements and tax savings.

Discover how cookie jar reserves impact financial statements, with practical examples like Dell's case, and understand the risks and regulatory concerns associated with them.

It’is increasing the demand for human skills such as judgement, model governance, ethical oversight, and communication ...

The Financial Accounting Standards Board has issued a new Accounting Standards Update to address growing confusion over what qualifies as a derivative under U.S. GAAP. The move responds to concerns ...

The pipeline problem remained top of mind for this year's Top 100 Most Influential People in Accounting, but many other ...

Nine organizations wrote to the Department of Education expressing opposition to rules excluding accounting from recognition ...

The Financial Accounting Standards Board (FASB) has issued an Accounting Standards Update (ASU) providing official guidance ...

The downward acceleration rate builds on the deceleration rate from the previous month. Give the deceleration in the rate of growth of the SPX a downward move in the SPX is a high probability given ...

Tax season can bring up a lot of stress. That's where humor comes in! These hilarious accounting jokes will really do a number on you. Accounting is something we rarely associate with humor. After all ...

Some of the top names on Boardroom's list were accompanied by a brief one or two-word descriptor. Bueckers was recognized as ...

The grace period is over. 12 predictions on where AI creates value, breaks assumptions, and triggers backlash as 2026 becomes ...