U.S. Postal Service results took a turn for the worse in the second quarter, with net loss more than doubling to $3.3 billion from $1.5 billion year over year, primarily due to accounting ...

IndusInd Bank on Sunday said accounting lapses in the derivative portfolio will cost the bank Rs 1,960 crore in FY25. Photograph: Anushree Fadnavis/Reuters A bank-appointed external auditor has ...

New Delhi, Apr 27 (PTI) IndusInd Bank on Sunday said accounting lapses in the derivative portfolio will cost the bank ₹1,960 crore in FY25. A bank-appointed external auditor has determined ...

Find the best accounting software for property management to track rent, expenses, and financials. Compare top options for landlords and property managers. The best property management software ...

In honor of the release of the 6th Edition of the Government Contracts Compliance Handbook, we are sharing six essential tips for complying with the Cost Accounting Standards (CAS). CAS compliance ...

Several major retailers in the U.S. use a century-old accounting practice known as “the retail inventory method,” which relies on retail prices to estimate inventory, even though it fails to ...

Understanding whether to capitalize or expense costs can keep your financial statements in accordance with generally accepted accounting principles (GAAP) and you out of trouble with the tax ...

Greenhouse gases from manure and farm equipment. For years, economists have been developing a system of “true cost accounting” based on a growing body of evidence about the environmental ...

The Financial Accounting Standards Board’s scaled-back proposal would take more software off the balance sheet for companies that internally use it. U.S. companies may need to report cash ...

The Financial Accounting Standards Board voted Tuesday, 7-0, to propose requiring companies to report cash amounts tied to their software costs and help them determine when to expense or ...