The Financial Accounting Standards Board says it wants to make a two-year stagger of implementation deadlines standard practice.
FASB members voted unanimously to propose moving back the effective date for lease accounting and two other major new accounting standards.
U.S. companies have not relinquished their liquidity buffers or their habit of keeping cash in ultra-safe investment vehicles.
The first major bank earnings report demonstrates consumers may be key to the second-quarter profits of the largest financial institutions.
FASB’s invitation to comment on goodwill accounting lays out possible cases for doing away with or improving impairment testing.
With payables stretched to the limit, wringing more cash out of working capital will be a challenge.
Jon Roskill, CEO of Acumatica, said his company couldn't have asked for "a better match of technologies, strategies, and cultures."
To get a merger approved, the company, Ability, and two of its executives lied to investors about a "game changing" product, says the SEC.
The Securities and Exchange Commission today charged Walmart with dragging its feet on anti-corruption compliance for more than a decade.
The "real" economy won't benefit much from a rate reduction, but the Federal Open Market Committee may have other things on its mind.
The SEC's case against KPMG demonstrates that sloppy audits and conflicts of interest aren't the only challenges the Big Four face.
Frontline managers recognize the risks in using spreadsheets, but many are not in a position to change things or don't know how to begin.
