An Accounting Standards Update focuses on the measurement of credit losses for accounts receivable ... In addition, FASB seeks feedback on potential standard setting related to financial KPIs.
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 ...
A vendor can list a consideration on their income statement as a cost, if the customer provided assets or services (Financial Accounting Standards Board [FASB], 2009, 605-50-45-1). If you’ve provided ...
The Financial Accounting Standards Board is seeking comments on a practical expedient and an accounting policy election for ...
The Financial Accounting Standards Board released a post-implementation review of its rev rec standard a decade after its ...