IASB, UKEB discuss issues affecting recognition of intangible assets in financial reporting
UKEB data reveals that intangibles represent 3% of items on UK balance sheets and that carrying value was £351bn ($441.95bn) ...
JournalofAccountancy9 天
FASB proposes guidance on accounting for government grants
According to a FASB news release, many businesses currently apply International Accounting Standard (IAS) 20, Accounting for Government Grants and Disclosure of Government Assistance, in the absence ...
GlobalData on MSN8 天
FASB seeks input on proposed ASU for accounting government grants
The proposal aims to address the current lack of guidance under US GAAP for recognising, measuring, and presenting grants.