After years of deliberation, the Financial Accounting Standards Board last week released a draft of proposed changes to accounting rules for nonprofits. Many of the changes will be useful to donors ...

Equity accounting is a method of reporting a company's profits from the operations of an affiliated company that it has an interest in but does not own outright.

Goldman Sachs is building AI agents with Anthropic’s Claude to automate trade accounting and client onboarding, aiming to speed work and boost efficiency.

Automated accounting workflows are rule-based processes that handle routine finance tasks, such as invoice approvals, expense routing, and reconciliation, without manual intervention. They save time ...

For many entrepreneurs, the idea of doing business without taxes feels like a dream: no income tax, no corporate tax, no VAT ...

Today, the Financial Accounting Standards Board (FASB) announced new rules that will require companies to account for cryptocurrencies like Bitcoin at fair value. The rules are set to go into effect ...

Cryptoasset holders — and the CPAs who advise them — have the opportunity to early adopt favorable new accounting rules that officially take effect from December 2024. FASB’s new guidance, which goes ...

Barclay Palmer is a creative executive with 10+ years of creating or managing premium programming and brands/businesses across various platforms. Andy Smith is a Certified Financial Planner (CFP®), ...

LONDON (Reuters) - The European Union will play an active role in a review of the accounting principles which underpin the way books are checked for companies around the world, France's top accounting ...

The Greenhouse Gas Protocol (GHG Protocol) has published its highly-anticipated guidance on how businesses can account for ...