Learn what an onerous contract is, regulations for reporting them, and examples. Explore how IFRS and GAAP differ in handling these unfavorable contracts.

SEC chair Paul Atkins warns the agency may revisit its 2007 decision to exempt foreign registrant companies from reconciling ...

Real estate plays a vital role in human and national economic development. On the individual level, after food and clothing, housing (real estate) is the next basic necessity.

A report from Democratic staff on the Senate Permanent Subcommittee on Investigations said accounting firm KPMG gave Silicon ...

MUCH like a thread, the basic components weave the larger fabric that creates details and gradually unveils the complete image.

Under the rules proposed by the CAS Board within the OMB Office of Federal Procurement Policy, the U.S. government will now rely on Generally Accepted Accounting Principles, or GAAP, to protect its ...

Explore fund-based accounting in trusts, types of funds, key challenges, inter-fund transfers, and compliance requirements for accurate financial ...

Jim Chanos targets Oracle's $300 billion OpenAI backlog, warning the deal doesn't start until 2027 and citing past ...

The organisation had previously expressed concerns over the combination of accounting with other commerce subjects such as ...

Accounting is not a static career path; it’s an open-ended journey that can take professionals across industries and around the world.

USF’s online Master of Science in Accounting degree equips students with the skills to thrive in today’s financial world. Knowledgeable accounting professionals are critical for organizational success ...

Our guide on budgeting tools for tech companies discusses what to measure, how to model, and which tools to use to manage cash, forecast runway, and fund growth responsibly.