Accounting Today

Governmental Accounting Standards Advisory Council members appointed

The trustees overseeing the Financial Accounting Foundation have named three new members of the Governmental Accounting ...

Breakage: What it is, How it Works, Example

Discover how retailers profit from unredeemed prepaid services or gift cards, known as breakage, and understand the financial implications.

Understanding Statements of Financial Accounting Standards (SFAS)

Discover how Statements of Financial Accounting Standards (SFAS) guide U.S. accounting principles. Learn about their impact and why they've been replaced.
Accounting Today

FASAC appoints new members

The Financial Accounting Foundation's board of trustees appointed 13 new members to the Financial Accounting Standards Advisory Council.