The Financial Accounting Standards Board has added two new chapters to its Conceptual Framework. Issued as “concept statements,” the chapters cover the elements of financial statements, and their ...

The Financial Accounting Standards Board released a new chapter Thursday of its Conceptual Framework describing a reporting entity. The new chapter will become Chapter 2 of FASB Concepts Statement No.

The latest trends and issues around the use of open source software in the enterprise. Mozilla has partnered with Open Tech Strategies for a research project, reviewing the open source industry and ...

A new FASB proposal would establish a set of concepts for how recognized items should be presented in a financial statement. The exposure draft issued by FASB is meant to provide a foundation for the ...