Explore the key differences between successful-efforts and full-cost accounting methods for oil and gas companies, including their impact on expenses and financial transparency.

The Financial Accounting Standards Board released an accounting standards update to improve its codification of standards on different topics.

The documents that comprise the taxonomies can be accessed via FASB’s taxonomies webpage or individually at the following links: 2026 GRT (including the 2026 EBPT): Contains updates for FASB ...

Discover how Statements of Financial Accounting Standards (SFAS) guide U.S. accounting principles. Learn about their impact and why they've been replaced.

Xero plans to shift third party app developers from a revenue share commercial model to a new tiered-pricing structure based ...