WILMINGTON, Del., July 30 (Reuters) - The Financial Accounting Standards Board, which sets U.S. accounting rules, voted on Wednesday to delay accounting changes that would affect trillions of dollars ...

NEW YORK, July 28 (Reuters) - The Financial Accounting Standards Board, under pressure from lawmakers, will reconsider its timeline for a controversial rule change that may force banks to bring ...

In the world of finance, few organizations hold the weight and authority of the Financial Accounting Standards Board (FASB). This board's decisions set the tone for financial practices across ...

Historically, accounting for digital assets has been an incredibly challenging and time-consuming process for businesses. Some companies have been reluctant to invest in crypto for this reason; they ...

The rules now allow crypto-holding companies to report their paper gains, not just losses, which industry observers say could give firms more confidence to buy. Bitcoin (BTC) and crypto may soon see ...

Financial statements report the business activities and financial performance of a company. Learn how they are used by executives, investors, and lenders.

The Financial Accounting Standards Board published an accounting standards update Wednesday with optional guidance on the measurement of credit losses for accounts receivable and contract assets.