AAOIFI aims to develop this standard as a clear and integrated framework to regulate Ijarah contracts of identified tangible ...

The global accounting rule-writer could pivot toward tackling a trio of projects as it weighs a possible delay in crafting its next work plan.

ITAT Delhi overturns an AO's ad-hoc disallowance of 90% of revenue expenses for a real estate company, upholding the use of the Percentage of Completion Method and ICAI's accounting ...

Firms have been urged to embrace International Financial Reporting Standards and International Public Sector Accounting ...

As the global economy pivots toward sustainability, Environmental, Social, and Governance (ESG) considerations are no longer ...

Introduction: The Shift from Financial Management to Strategic Innovation  Africa’s finance professionals are increasingly stepping into roles far beyond traditional ...

Liquefied natural gas vessels are fueled by their cargo—they’re built specifically to make use of the gas boiling off from their tanks. Now Cheniere Energy, the largest US exporter of LNG, is seeking ...

Unlike robotic process automation, intelligent process automation has advanced AI that can assist with judgments previously ...

The latest GAAP update comes as FASB stakeholders have identified several new standard-setting areas of interest, including ...

The International Ethics Standards Board for Accountants weighed in on private equity investment in accounting firms and ...

If approved by the Internal Revenue Service, the claimed tax credits could yield a payout for the company exceeding $140 ...

It is particularly relevant when the legal acquiree is a variable interest entity that qualifies as a business. "FASB ...