“Modernizing software accounting guidance was a top priority identified by stakeholders during our last agenda consultation,” ...

The White House Office of Management and Budget’s Cost Accounting Standards Board published a final rule and a proposed rule ...

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 ...

The targeted new guidance detailing how companies should capitalize certain software costs is effective for annual reporting ...

Learn what an onerous contract is, regulations for reporting them, and examples. Explore how IFRS and GAAP differ in handling these unfavorable contracts.

For crypto businesses, there is an extra tax called VAT (Value Added Tax). In the UK and EU, NFT sales, commissions, or ...