Discover how Statements of Financial Accounting Standards (SFAS) guide U.S. accounting principles. Learn about their impact and why they've been replaced.

The Financial Accounting Standards Board, FASB, is a private, independent organization that since 1973 has been given the authority by the U.S. Securities and Exchange Commission, or SEC, to establish ...

Accounting research has changed dramatically, shifting CPAs to an online tool for searching and referencing U.S. GAAP. On July 1, the FASB Accounting Standards Codification (ASC) became the single ...

The Financial Accounting Standards Board on Wednesday voted to move ahead with plans for more than 30 tweaks to the Accounting Standards Codification, the source of authoritative U.S. generally ...

The Financial Accounting Standards Board released an accounting standards update to improve its codification of standards on different topics.

In January, FASB released the FASB Accounting Standards Codification (ASC or codification). The codification simplifies the classification of accounting standards by restructuring all authoritative ...

Often, from the standpoints of legal expertise, the state and business interests, the idea of modernizing the law through the enactment of systematic legal codes has very powerful appeal. But ...

THE tort law deals with cases of civil wrong that one commits towards another for which remedy may be obtained, usually in the form of damages. For instance, if a doctor performs an operation by using ...

Since its introduction through federal regulation, ICHRA has offered employers of all sizes a flexible, tax-advantaged tool to reimburse employees for guaranteed issue individual market health ...

THE very wise and practical statesmen who in 1787 assembled in Philadelphia to frame a charter of government for the thirteen states, which should "form a more perfect union" than the existing ...

The horizontal dimension is precisely codification: collecting (stuff), and personalization, i.e. connecting (people). Their points are pretty straightforward and relatively unexceptionable to this ...