“There are a variety of use cases for AI in accounting,” Joynt said. “According to Deloitte’s Finance Trends 2026 report, 63% ...

Learn about accounting interpretations, why they matter, and how they clarify standards, prevent errors, and provide consistency in financial reporting.

The Financial Accounting Foundation said Tuesday that it will contribute up to $3 million to the International Financial Reporting Standards Foundation to help complete some of their joint accounting ...

Larger M&A transactions and the resurgence of SPACs are reshaping the market, increasing the stakes for accurate, timely, and well-informed accounting decisions.

Learn how accounting cushions help companies smooth earnings and achieve financial stability by overstating expenses and ...

FASB extended the period of time preparers can use the reference rate reform relief guidance by two years, to 2024. Regulators encourage accounting professionals to continue to tell their clients’ ...

Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors' opinions or evaluations. Accounting principles help hold a company’s financial ...

Purpose: To provide an overview of the fundamentals for basic fund accounting and the financial reporting structure within the context of higher education accounting, Generally Accepted Accounting ...

The Financial Reporting Council (FRC) of Nigeria has announced plans to integrate the Accounting and Auditing Organisation for ...

FASB’s new model for impairment of financial instruments is clearing hurdles as the board pursues a different path than its international counterpart on expected credit loss. The revised credit ...