Learn the principles of financial accounting, its importance, and how it functions to provide a clear picture of a company's financial health and compliance.

The Financial Accounting Standards Board proposed an accounting standards update Tuesday to improve the accounting for purchased financial assets, including those acquired in a business combination.

Forbes contributors publish independent expert analyses and insights. Bitcoin journalist and financial analyst based in London. The Financial Accounting Standards Board recently introduced a ...

The new standard aims to improve accounting treatment of certain digital assets under GAAP and may pave the way for increased institutional adoption. On September 6, 2023, the Financial Accounting ...

The Financial Accounting Standards Board issued an invitation to comment Thursday asking for feedback on whether it should pursue a project on accounting for intangible assets and providing additional ...

Accounting is vital to a business’s financial hygiene; here’s everything entrepreneurs need to know about it. Many, or all, of the products featured on this page are from our advertising partners who ...

President Trump’s Digital Asset Working Group has called for FASB to consider whether to treat stablecoins as cash equivalents.

The first U.S. accounting rule specifically for cryptocurrency will say that companies must use a fair-value approach that would demand certain digital assets be measured at what they would trade for ...