Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

Countries and jurisdictions throughout the world mandate that entity financial statements be prepared using International Financial Reporting Standards, and that audits be conducted in accordance with ...

Accounting is a comprehensive system for collecting, recording, classifying, summarizing, interpreting, and communicating financial information. It is often referred to as the language of business as ...

Editor’s note: This article is the third in a series to help practitioners learn about the AICPA’s new quality management standards and prepare to implement them. The new final standards on quality ...

Lawmakers and business leaders have seen a need to harmonize or integrate, the accounting standards of the United States, which operates under Generally Accepted Accounting Principles (GAAP), with ...

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. Last year, the Governmental Accounting Standards Board (GASB) voted to defer the effective ...