There are several points on which American generally accepted accounting principles (GAAP) differ from international standards. In 2011, the American and international accounting boards worked ...

Hedge documentation is important in both financial reporting and income taxation.For financial accounting purposes, on the date of the hedge, an entity must identify the hedged item, the instrument ...

Anyone going into business needs to be familiar with the concepts of assets and liabilities, revenue and expenses. If your business were a living organism, these would be its vital signs. Assets and ...

The problem of firms being too big to fail became a prominent theme during the economic crisis. After reading a recent article on CFO.com about which firms face most of the risk in derivatives, I ...

Interplay between the economic and accounting impact of new International Financial Reporting Standards (IFRS 17 Insurance Contracts and IFRS 9 Financial Instruments) is challenging the asset and ...

Add Yahoo as a preferred source to see more of our stories on Google. If you're interested in investing, you've probably read quite a few articles that say "do your homework" before buying a stock.