HIFO Accounting Explained: Differences With LIFO and FIFO

Discover how HIFO inventory accounting contrasts with LIFO and FIFO methods, and why it impacts COGS and taxable income, ...

WSP to acquire TRC, supercharging its leading position in the Power & Energy sector

Welcoming a U.S. premier Power & Energy brand of approximately 8,000 people to create the #1 Power & Energy platform in the U.S.1 for a total cash purchase ...
aseanbriefing

Indonesian Accounting Standards vs IFRS: Choosing the Right Framework for Foreign-Owned Companies

Foreign investors operating in Indonesia are required to maintain their financial statements under the Indonesian Financial Accounting Standards (SAK), developed by the Indonesian Financial Accounting ...
Cosmopolitan

Quick Update on Where Jennifer Lopez and Ben Affleck Stand

Fans think Jennifer Lopez and Ben Affleck might get back together, but a source says there is “nothing going on between them.” J.Lo has fully “accepted” that her relationship with Ben “ran its course” ...
The Economist

The $4trn accounting puzzle at the heart of the AI cloud

IN ARTIFICIAL INTELLIGENCE, billions are so 2022. Three years after ChatGPT ignited the AI boom, the business is all about trillions. The market value of Microsoft, whose Azure cloud has a glistening ...
C&EN

On the Differences in Trimethylaluminum Infiltration into PMMA and PLA Polymers for Sequential Infiltration Synthesis: Insights from Experiments and First-Principles Simulations

Unit of Agrate Brianza, CNR-IMM, Via C. Olivetti 2, I-20864 Agrate Brianza, Italy ...
Accounting Today

SEC chair threatens IFRS recognition

Securities and Exchange Commission chairman Paul Atkins issued a warning that the SEC might eliminate a rule that allows multinational companies to present their financial statements in accordance ...
Federal Register

Conformance of Cost Accounting Standards to Generally Accepted Accounting Principles for Cost Accounting Standards 404, 408, 409, and 411

This document has been published in the Federal Register. Use the PDF linked in the document sidebar for the official electronic format.
Federal Register

Conformance of Cost Accounting Standards to Generally Accepted Accounting Principles for Operating Revenue and Lease Accounting

This document has been published in the Federal Register. Use the PDF linked in the document sidebar for the official electronic format.
The White House

White House OMB Board Proposes Elimination of Dozens of Unnecessary and Redundant Accounting Requirements on Federal Contractors

Washington, D.C. – Today, the Office of Management and Budget’s Cost Accounting Standards (CAS) Board, chaired by the Office of Federal Procurement, published two proposed rules to eliminate more than ...
Accounting Today

IASB amends IFRS 19 for subsidiaries

The International Accounting Standards Board issued a set of amendments to IFRS 19 Subsidiaries without Public Accountability: Disclosures, enabling it to complete the catch-up work it had planned to ...