Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Andy Smith is a Certified Financial Planner ...

A common reason small companies fail to reach their profit potential or eventually go out of business is poor financial reporting. It's not enough to know what your sales are, how much money you have ...

The Financial Accounting Standards Board, which sets the rules for business accounting in the United States, says the objective of financial reporting is to provide current and potential investors and ...

In a Nov. 3, 2008, press release, the Financial Accounting Standards Board and the International Accounting Standards Board jointly announced they would be holding three round tables in the U.K., the ...

The AICPA Accounting Standards Executive Committee (AcSEC) commented favorably on a partial draft of a conceptual framework for financial reporting being developed jointly by the Financial Accounting ...

It may seem belated, but the Governmental Accounting Standards Board has just recently gotten around to defining such fundamental accounting concepts as "asset" and "liability."It has also defined a ...

The mission of the Financial Reporting Department is to provide timely and accurate financial statements and other reporting for Drexel University and its subsidiaries to management. Financial ...