From the purchase of office supplies to the salaries and wages a company pays to its employees, all business expenses must be recorded on a company's books. An expense accrual is the means by which a ...

GASB on Wednesday issued a proposed concepts statement addressing recognition of financial statement elements as well as a call for feedback on preliminary views on revenue and expense recognition ...

Business facilities are the physical structures where your business is located. The most common types of facilities are office buildings, warehouses and factories. These can be new facilities or ...

This story was originally published on CFO Dive. To receive daily news and insights, subscribe to our free daily CFO Dive newsletter. The Financial Accounting Standards Board published new rules ...