Generally accepted accounting principles — or GAAP (pronounced “gap”) for short — are a group of accounting standards that are used to prepare financial statements for companies, not-for ...

Revenue recognition is a generally accepted accounting principle (GAAP) that identifies the specific conditions where revenue ...

To address the market demand for training in Extensible Business Reporting Language, or XBRL, the American Institute of CPAs and XBRL US, the nonprofit consortium for XBRL business reporting standards ...

The Financial Accounting Foundation, which oversees both FASB and the Governmental Accounting Standards Board, assumed maintenance responsibilities for the taxonomy from XBRL US in 2010. The FAF and ...

The Financial Accounting Standards Board will evaluate two weighty issues in 2025 on how companies report their performance metrics and research and development spending as it looks to refill its ...

Nano Dimension ( (NNDM) ) has issued an announcement. On August 19, 2025, Nano Dimension Ltd. announced a significant change in its accounting practices, transitioning from International Financial ...

XBRL US announced today that the Financial Accounting Standards Board (FASB) has incorporated freely available validation rules into the 2020 release ...

NYSE-Euronext is capitalizing on regulatory convergence to show issuers some of the benefits that it had hoped its transatlantic merger might be capable of. The exchange operator is benefiting from a ...

The U.S. Financial Accounting Standards Board has changed the GAAP rules for intangible asset accounting to reflect fair value cryptocurrency prices.

FASB staff clarifies lease modifications, other pandemic accounting issues Accounting challenges related to the coronavirus pandemic have resulted in numerous questions for FASB from financial ...