Stakeholders across Nigeria’s financial services industry have converged in Abuja as the Financial Reporting Council of ...

Discover the three essential financial statements required by GAAP: income statement, balance sheet, and cash flow statement, ...

Discover the key differences between IFRS and GAAP accounting standards, and learn how they impact financial reporting for ...

The Financial Data Transparency Act (FDTA), passed as part of the National Defense Authorization Act for fiscal year 2023, aims to enhance the interoperability of financial regulatory data across nine ...

ESG investing passed a milestone on Monday as the first-ever set of global reporting standards was unveiled, paving the way for companies across jurisdictions to disclose uniform climate and ...

It should be no surprise that accounting standards have become more complex over the years. Transactions have become increasingly challenging as new products and services emerge and financial ...

The International Accounting Standards Board published a consultation document Wednesday with eight proposed illustrative examples showing how companies could apply International Financial Reporting ...

Nigeria at the weekend launched its pathway to adoption of the International Sustainability Standard Board (ISSB)’s Sustainability Financial Reporting Standard, the first country in Africa to focus on ...

In the wake of the Asia financial crisis of 1997-1998, market participants raised serious concerns about the reliability of reported financial data and the use of lenient or even “creative” accounting ...

The International Organization of Securities Commissions announced their endorsement of the International Sustainability Standards Board’s recently released corporate reporting standards for ...

As businesses try out decentralized systems for better reporting and oversight, the effect of blockchain on corporate finance is speeding up. The rise in interest in business ledgers often coincides ...