In Australia, along with almost 100 other countries, we use the International Financial Reporting Standards as issued by the Australian Accounting Standards Board.

Apple, IBM, Cisco, HP and others to reap the benefits of new accounting rules that affect revenue gains from hybrid products. New Accounting Rules A Boon To Apple, Other Tech Companies ...

Previously under U.S. GAAP accounting rules, when companies started offering hardware, services, software, and support as a package, "their sales organizations [got] pretty creative on how these ...

This January marks the first time many companies will be reporting their revenues in the wake of one of the biggest changes to filing financial statements in years: ASC 606.

The Financial Accounting Standards Board (FASB) is an independent organization that sets accounting standards for companies and nonprofits in the United States.

The United States Financial Accounting Standards Board has unanimously approved rules for accounting for the fair value of companies’ cryptocurrency holdings, according to media reports. The ...