ITAT Mumbai held that change of method of accounting from mercantile to cash system for recording interest income on loan due to financial distress at the end of borrower is justifiable and legitimate ...

The AICPA Accounting and Review Services Committee approved an update to SSARS No. 21, clarifying that practitioners are not ...

Hisabkitab' isn’t just another cloud accounting tool—it’s a complete financial management solution built for businesses that ...

McAdenville was recently recognized for its participation in the MAS program, which helps small towns upgrade financial ...

Phoenix’s Isaac School District was placed under state receivership as it faced a multimillion-dollar cash deficit. One ...

Understanding and analyzing OCI greatly improves financial analysis, especially for companies in the financial services industry.

(1) Non-GAAP measures without a standardized meaning under IFRS ® Accounting Standards as issued by the International Accounting Standards Board (“IFRS”). Refer to the “Non-GAAP and Other Financial ...

When the new financial year begins, new fiscal measures, such as changes to tax rates, usually take effect, which can have a ...

Carla Tardi is a technical editor and digital content producer with 25+ years of experience at top-tier investment banks and money-management firms. Thomas J. Brock is a CFA and CPA with more than ...