Company executives know they have to follow U.S. accounting rules set by one board while their auditors must obey regulations from another. They may not appreciate the different political pressures ...

The Financial Accounting Standards Board is marking a half century of service and received a special proclamation from the mayor of Norwalk, Connecticut, where FASB is based. Last Wednesday, Norwalk ...

Robert Herz has retired as chairman of the Financial Accounting Standards Board after eight years of leading the Norwalk-based panel that sets U.S. accounting standards. Leslie Seidman, a FASB member, ...

Learn about accounting interpretations, why they matter, and how they clarify standards, prevent errors, and provide consistency in financial reporting.

The Financial Accounting Standards Board approved its eagerly awaited cryptocurrency asset standard during a meeting Wednesday, measuring the changes in value of digital currencies like bitcoin held ...

Discover how the Accounting Principles Board (APB) set foundational accounting standards and influenced today's GAAP under the FASB in the financial reporting world.

The United States Financial Accounting Standards Board’s (FASB) decision to allow companies to use “fair value” to account for their crypto holdings could be seen as another step toward the wider ...

NEW YORK (Reuters) - The chairman of the Financial Accounting Standards Board, which sets U.S. accounting rules, said on Tuesday he is retiring after more than eight years at the helm. The accounting ...

NEW YORK, Aug 24 (Reuters) - The chairman of the Financial Accounting Standards Board, which sets U.S. accounting rules, said on Tuesday he is retiring after more than eight years at the helm. The ...