Construction workers tend to work based on contractors they make with the owners of property. Traditionally these contractors could choose from a variety of accounting procedures to account for the ...

Businesses must account for their costs and earnings each year when it comes tax time. This is usually a straightforward process, but it can be a bit more complicated if your business is one that ...

The Financial Accounting Standards Board released an accounting standards update Thursday, with guidance on accounting for revenue contracts with customers acquired in a business combination.

Financial reporting for insurance companies that issue long-duration contracts will change under an accounting standard issued by FASB. The targeted changes to the current reporting model affect ...

FASB noted that Topic 815 in its accounting standards codification, Derivatives and Hedging, requires that a derivative contract be recognized at fair value unless the contract qualifies for a scope ...

Financial reporting for insurance companies that issue long-duration contracts will change under an accounting standard issued Wednesday by FASB. The targeted changes to the current reporting model ...

This guideline outlines the accounting practices applied by the UTSA Office of Financial Affairs to restricted funds received as grants and contracts (sponsored projects). For information on the ...