Norwalk, Conn. — In a continuing effort to quickly converge at least a few U.S. standards to international standards, the Financial Accounting Standards Board is hammering out a proposal on liability ...

The new lease accounting standard caused lease liabilities for the average company to increase a whopping 1,475 percent, skyrocketing from $4.4 million before the transition to $68.9 million post ...

Balance Sheet Liabilities Continue to Climb for Private Companies Amid Lease Accounting Transition – New LeaseQuery Report Lease liabilities rose 419% on average, with 10 industries seeing bigger ...

Asset management is an integral part of accounting basics that deals with the monitoring and maintenance of valuable items owned by an individual or an entity. Assets contribute significantly to the ...

Learn why airlines adjust revenues for air traffic liability under accrual accounting and how this impacts financial ...

Learn about changes in accounting principles and why businesses make them, as well as the reporting and recording ...

Current liabilities include short-term financial obligations due within a year. Investors should monitor companies' current ratios to assess financial strength. A current ratio above 1 indicates a ...

When investing, assessing a company’s assets and liabilities is a basic requirement to determine what the company is worth. Thankfully, public companies file their financial statements with the ...

NEW YORK--(BUSINESS WIRE)--Mercer, a global leader in redefining the world of work, reshaping retirement and investment outcomes, and unlocking real health and well-being, and a business of Marsh & ...

Accounts payable and payroll are both expense accounts that decrease a company's assets in an attempt to increase revenue for the business. These accounts are generally used by an accountant or the ...