Every financial statement has a specific purpose, and each one has specific objectives. In a public company, these objectives center on complying with full disclosure and Financial Accounting ...

Investors in Eaton Corporation plc (NYSE:ETN) had a good week, as its shares rose 4.2% to close at US$300 following the release of its first-quarter results. Results overall were respectable, with ...

French football is facing a financial crisis after peace talks between ... divisions in the most uncertain of positions. In a short statement, the league said it “notes the failure of the ...

The Board of Governors and the Federal Reserve Banks annually prepare and release audited financial statements reflecting balances (as of December 31) and income and expenses for the year then ended.

The American Institute of CPAs' Accounting and Review Services Committee clarified a standard on financial statement preparation as part of a client advisory services engagement. The new Statement on ...

The AICPA Accounting and Review Services Committee (ARSC) voted Wednesday to issue an amendment clarifying that a CPA preparing financial statements as part of a consulting services engagement ...

Veradigm, a healthcare data company, confirmed on Tuesday it overstated its revenue in prior year-end financial statements. The company found discrepancies in its financial statements from 2020 ...

The preliminary statement is later updated with a finalized and audited version. A Fed spokesperson said the audited version of the financial statement will be released later this month.

The NCAA recorded nearly $1.4 billion in revenue for its 2024 fiscal year, the association’s new audited financial statement shows. Even adjusting for inflation, that total is the association ...

LAWRENCE — Kansas Athletics reported a deficit of about $2.9 million during fiscal year 2024, according to the department’s NCAA financial statement, and that marks the first deficit since ...

Although UCLA, Oregon and Washington competed in the Pac-12 during that year, their data was included for this analysis of the financial situation faced by the membership of one of college sports ...

Ally Financial is cutting hundreds of jobs companywide ... bank spokesman Peter Gilchrist confirmed Tuesday night in a statement to The Charlotte Observer. Ally has 11,000 employees, including ...