The Financial Accounting Standards Board posted an accounting standards update to improve the guidance on accounting for internal-use software costs. Processing Content The amendments in the update ...

The Financial Accounting Standards Board decided to pursue targeted improvements to its rules for accounting for and disclosing software costs, instead of a single overarching model. Processing ...

FASB is seeking comment on what the board’s future standard-setting priorities should be. Stakeholders are asked to provide feedback by Sept. 22 to help FASB identify areas where there’s a pervasive ...

The Financial Accounting Standards Board has a busy year ahead of it. It will be advancing projects in three tentpole areas—accounting for software costs and environmental credits and greater ...

ByJohn S. McClenahen In connection with its proposed changes in how companies are to account for stock-based employee compensation, the Financial Accounting Standards Board (FASB), Norwalk, Conn., is ...

Discover how Statements of Financial Accounting Standards (SFAS) guide U.S. accounting principles. Learn about their impact and why they've been replaced.

Learn about the Statement of Financial Accounting Concepts issued by FASB, outlining financial reporting principles and their role in shaping GAAP standards.

Today, businesses and professionals recognize the power of accounting software in handling complex financial processes. Some systems offer the basics like sending invoices, tracking payments, and ...

A 2015 change by FASB can affect debt covenant ratios and has the potential to move companies out of compliance with their restriction thresholds. A new FASAB proposal is designed to promote ...