The Sustainability Accounting Standards Board held its final public meeting Wednesday ahead of the consolidation of its parent organization, the Value Reporting Foundation, into the International ...

The Financial Accounting Standards Board recently introduced a significant update to the accounting standards for certain crypto assets, like bitcoin. This update, known as the Accounting Standards ...

The Cost Accounting Standards Board, a group set up by Congress in 1970 to make sure federal contractors charge their costs appropriately, is finally making some progress in aligning its 19 cost ...

NORWALK, Conn.--(BUSINESS WIRE)--The Board of Trustees of the Financial Accounting Foundation (FAF) today announced the appointment of Frederick (Fred) L. Cannon and the reappointment of Christine A.

In recent years, revisions to accounting standards and disclosure rules have influenced not only technical amendments but ...

“The new SASB standards allow us—for the first time—to identify and measure exposure to climate risk across companies and industries. Climate change affects all markets and presents risks that ...

The conceptual framework is a series of Statements of Financial Accounting Concepts (SFACs), taken as a whole, set the objectives, characteristics and other concepts that determine how financial ...

Money is a sticking point in climate-change negotiations around the world. As economists warn that limiting global warming to 1.5 degrees Celsius will cost many more trillions than anticipated, WSJ ...

Private and governmental entities use separate accounting standards to create their financial statements and manage their funds. Without knowing the differences between the standards, it is harder for ...

NORWALK, Conn.--(BUSINESS WIRE)--When the Financial Accounting Standards Board (FASB) issues a final standard, it means the FASB has concluded that the benefits derived from the standard justify the ...

The new head of the International Accounting Standards Board is setting his priorities for the rule maker, including potentially changing requirements around intangible assets and weighing in on ...