The members at the NFRA (National Financial Reporting Authority) were in conflict recently over the adoption of Ind AS 118, ...

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

NEW YORK, September 30 (Reuters) - How often should companies report their financial performance? This debate is back in the headlines after President Donald Trump supported, opens new tab a proposal ...

For more than 30 years, U.S. government agencies have published corporate-style financial statements with relatively little change in their look and feel. In what now could be considered a ...

Discover the crucial differences between pro forma and GAAP financial statements. Learn why companies use both and the potential implications of each for investors.