After considering comments on a previous proposal for improving balance sheet debt classification, FASB issued a reproposal on the issue Thursday. FASB is attempting to improve guidance used to ...

The Financial Accounting Standards Board has issued a pair of proposed accounting standards updates on the classification of debt in a classified balance sheet (current versus noncurrent), and changes ...

The balance sheet is one of the three fundamental financial statements and is key to both financial modelling and accounting. The balance sheet gives us the financial information of a company for a ...