Wondering if accounting qualifies as a STEM field for visa or scholarship purposes? Here’s a clear breakdown of whether ...

Dear Readers,Let’s chat about something that I believe is foundational to true financial peace and progress: the idea of assets over liabilities. It’s not just a fancy accounting or financial term; it ...

A single misconfiguration can lead to improper fund allocation, delayed owner payments, and skew financial reporting, ...

A new study by Dr. Heylel-li Biton of the Hebrew University Business School sheds light on a long-standing question in global ...

IndusInd Bank is under regulatory scrutiny as the National Financial Reporting Authority (NFRA), SEBI, and ICAI examine accounting discrepancies in the bank’s forex derivative portfolio ...

They said a reduction in liabilities from R300 plus billion to R30-odd billion completely changes the financial position and performance of the entity.

The father of double-entry accounting, Luca Pacioli, was onto something when he contributed his wisdom in the 15th century to create what we now know is a basic accounting equation: assets = ...

Source: Hester Peirce The SEC published SAB 121 in March 2022, which asked financial firms holding crypto on behalf of customers to report the assets as a liability on their balance sheet.

This accounting quirk has recently attracted academic scrutiny. A paper written by Michael Kumhof of the BoE with several co-authors makes the case that classifying banknotes as liabilities is ...

The Financial Accounting Standards Board has decided to tweak some of its standards related to contract assets and liabilities for construction contractors in response to recommendations from its ...