The International Accounting Standards Board is looking for feedback on some targeted improvements it's proposing to make to improve the requirements for recognizing and measuring provisions on ...
On July 4, the One Big Beautiful Bill Act (OBBBA) was signed into law. The OBBBA is a broad reconciliation bill comprised of ...
On August 17, the FASB and IASB released the final version of the exposure draft on lease accounting that significantly changes the way entities account for leases. Their exposure draft, Leases, ...
[Asia Economy Reporter Minwoo Lee] Recent measures by financial authorities instructing commercial banks to increase their loan loss reserves are analyzed to have little accounting impact. Unlike loan ...
ARLINGTON, Va., Aug. 3, 2021 /PRNewswire/ -- Bloomberg Industry Group today announced that it has acquired Tax Prodigy's software, which enables companies to easily calculate the income tax-related ...