How Reporting Might be Less Complex in 2025
A Dec. 3 proposal from FASB’s Accounting Standards Update (ASU) might provide some flexibility for private businesses and select nonprofits. &ld
Category: Accounting News
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Understanding Carbon Accounting
Also known as greenhouse gas (GHG) accounting, carbon accounting is a way for managers and analysts to measure a company's total carbon emissions.&nbs
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Breaking Down Bill-and-Hold Arrangements
Looking at accounting and journal entry considerations, if accounts receivables are debited and revenue is credited, it can be interpreted as the busi
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How to Account for Stranded Assets
With more than 14 million electric vehicle (EV) registrations in 2023 worldwide and 2023 seeing an increase in EV sales over 2022 by 35 percent, manuf
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Accounting for Convertible Debt Instruments
According to EY, the convertible debt market saw whipsaw action in issuances. Between 2015 and 2019, average issuance varied between $40 billion and $
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How to Report for Comprehensive Income
Comprehensive income (CI), which is defined as the sum of net income (NI) and other comprehensive income (OCI), gives both the internal and external a
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The Differences Between Conclusion of Value and Calculation of Value
When a business is looking for a valuation, it needs to decide whether to use the calculation of value approach versus the conclusion of value option.
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