Certified Financial Statement: What It Is, How It Works, and Examples

Certified financial statements are accounting statements that have been certified by an independent accounting firm. Learn ...
Accounting Today

FASB Readies Framework for Financial Statement Disclosures

The Financial Accounting Standards Board is making progress on its disclosure framework project, which aims to establish an overarching framework to help the board establish requirements for ...
The CPA Journal

A First Look at the Disaggregation of Income Statement Expenses

Reporting Comprehensive Income—Expense Disaggregation Disclosures (Subtopic 220-40). Public business entities must implement ...
JournalofAccountancy

GASB proposes criteria for financial statement disclosures

A proposed concepts statement issued Friday by GASB would establish new criteria for state and local governments to follow in developing their disclosures for notes to financial statements. The ...
Accounting Today

IFRS gives examples of reporting climate uncertainties

The International Financial Reporting Standards Foundation has published a set of near-final examples showing how companies can improve the reporting of uncertainties in their financial statements ...
Business Wire

FASB Improves the Effectiveness of Disclosures in Notes to Financial Statements

NORWALK, Conn.--(BUSINESS WIRE)--The Financial Accounting Standards Board (FASB) today issued two changes to the FASB’s conceptual framework and two Accounting Standards Updates (ASUs) that improve ...
Investopedia

Disclosure Statement: What It Means, How It Works

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. David Kindness is a Certified Public Accountant (CPA) and an expert in the fields of ...
Forbes

Redundant Financial Statement Disclosure

Forbes contributors publish independent expert analyses and insights. I am the Kester and Brynes Professor at Columbia Business School and a Chazen Senior Scholar at the Jerome A. Chazen Institute for ...
Houston Chronicle

Example of How Amortization Affects Financial Statements

Amortization of a company's intangible assets can take as long as 40 years, depending on the types of assets disclosed on the company's financial statements. How these assets affect financial ...