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 ...

Two new proposals by FASB address balance sheet classification of debt and the disclosure requirements for inventory under the board’s Disclosure Framework. The proposed Accounting Standards Update on ...

Businesses can choose from a variety of methods to account for inventory. Each method affects the cost of goods sold, or COGS, and the cost of ending inventory. One of the methods is called "last in, ...

Your company's balance sheet is an equation. On one side of the equals sign, the Corporate Finance Institute says, you have your total assets. On the other, you have total liabilities and total ...

For a variety of reasons, some companies invest in marketable securities as a part of their ongoing operations. Commercial banks buy debt securities. Manufacturers buy commodity contracts. Companies ...