State CPA societies are pushing for alternatives to the 150-hour rule as a major step towards addressing the major talent ...

All public U.S. companies are required to prepare their financial statements as set out by the Financial Accounting Standards Board (FASB), whose standards are generally rules-based. FASB develops ...

In the United States, accountants follow a set of standards known as the generally accepted accounting principles (GAAP) when preparing financial statements. Accounting is an important function of ...

Rutgers Business School’s Accounting & Information Systems Department is dedicated to the development and dissemination of knowledge; it actively cultivates future business and academic leaders. The ...

The report warned that due to inaccurate and nontransparent budgeting practices, Congress and the American people lack the information ... fiscal health and asks Congress to adopt honest accounting ...

The American Institute of Certified ... to conclude this long-running matter.” "US-UK accounting deal stalls over audit training standards" was originally created and published by The Accountant ...

Under the proposal, the SEC would take over the PCAOB’s responsibilities within one year of the bill’s enactment.

The Bank of Canada is required by the Bank of Canada Act to follow generally accepted accounting principles, which in Canada means International Financial Reporting Standards. As these are applied, ...