Sustainability Accounting Standards Board (SASB): A Comprehensive Guide

Discover the Sustainability Accounting Standard Board's (SASB) role in shaping how companies report ESG risks, promoting ...
Investopedia

Accounting Principles Board (APB): What it Means, How it Works

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...
Business Wire

Financial Accounting Standards Board (FASB) Spotlights Its “Quality Control” Process

NORWALK, Conn.--(BUSINESS WIRE)--When the Financial Accounting Standards Board (FASB) issues a final standard, it means the FASB has concluded that the benefits derived from the standard justify the ...
Accounting Today

GASB adds projects on digital assets, pensions and benefits

The Governmental Accounting Standards Board added several items to its research agenda, but decided against adding a project ...
Business Wire

Richard R. Jones Appointed Chair of the Financial Accounting Standards Board

NORWALK, Conn.--(BUSINESS WIRE)--The Board of Trustees of the Financial Accounting Foundation (FAF) today announced that it has appointed Richard R. Jones as the next chair of the Financial Accounting ...
Accounting Today

The Spirit of Accounting: It's principles and rules, not principles or rules

Like others, we've watched a slowly developing controversy over the question of whether accounting standards should be "principles-based" or "rules-based." When Sarbanes-Oxley was passed, it required ...
Wall Street Journal

The New Head of the International Accounting Standards Board Outlines His Priorities

The new head of the International Accounting Standards Board is setting his priorities for the rule maker, including potentially changing requirements around intangible assets and weighing in on ...
Investment U

What are Generally Accepted Accounting Principles (GAAP)?

When a public company issues a financial statement, everything needs to be clear and well-understood by everyone reading it. To ensure this, it’s paramount to have a baseline for reporting. That’s ...
Houston Chronicle

The Difference Between Principles & Rules Based Accounting Standards

In accounting, a principles-based on approach is the most popular accounting method globally because it is usually better to adjust accounting principles to a company's transactions, rather than ...