Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

A consortium of global banks representing nearly $18 trillion of assets has released a carbon accounting standard intended to help financial institutions gauge the greenhouse gas emissions they ...

Financial accounting principles shape the recording of nearly every business transaction in the business world. The creation of these principles is no small task and can sometimes seem nearly ...

Accountants play an integral role in helping individuals and businesses manage their finances and ensuring all financial records are maintained and reported accurately. However, this can make them ...

What Are Generally Accepted Accounting Principles (GAAP)? Your email has been sent Understanding GAAP is essential for anyone involved in finance or accounting. Learn the key principles and their ...

Timothy Li is a consultant, accountant, and finance manager with an MBA from USC and over 15 years of corporate finance experience. Timothy has helped provide CEOs and CFOs with deep-dive analytics, ...

WASHINGTON, April 30 (Reuters) - U.S. and European leaders reached a financial services agreement on Monday that seeks to increase regulatory cooperation and implement pending banking and accounting ...

Many claim that "principles-based" accounting standards are superior to "rules-based" standards. For example, the chair of the International Accounting Standards Board, Sir David Tweedie, made this ...

Generally accepted accounting principles, known as GAAP, are a standard set of guidelines followed by US accountants and corporations. Since publicly traded companies are required to report GAAP ...