The draft update would require investment companies to take contractual sale restrictions into account when valuing an equity ...

The Financial Accounting Standards Board wants to amend how investment companies measure the fair value of a security subject to a contractual sale restriction.

Jason Fernando is a professional investor and writer who enjoys tackling and communicating complex business and financial problems. Charlene Rhinehart is a CPA , CFE, chair of an Illinois CPA Society ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

The Delaware Chancery Court’s decision in Northern Data AG v. Riot Platforms, Inc. erects a dividing line between post-closing purchase price adjustments (“PPA”s) evaluated by an accounting expert and ...

Nearly 10 years after issuing its lease accounting standards, the Financial Accounting Standards Board is reckoning with some of the lessons learned from the project — including the ...

The Financial Accounting Standards Board (FASB) has appointed Angie Storm, the chief accountant at KPMG, to its Emerging Issues Task Force (EITF). This appointment was made by FASB chair Richard Jones ...

Construction and engineering contracts normally use the percentage of completion method for revenue recognition. Under U.S. generally accepted accounting principles, the PCM is the preferred method ...

The accounting standards codification guidance governing employee stock-based compensation requires that any excess tax deduction for stock-based compensation be immediately recorded within income tax ...

A capital expenditure is a purchase that a company records as an asset, such as property, plant or equipment. Instead of recognizing the expense for an asset all at once, companies can spread the ...

As pension actuaries, among the challenges we face for our larger clients is providing the needed information for compliance with Accounting Standards Codification Section 715 (“ASC 715”) – formerly ...