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 ...

Final accounts show the financial health of a business and are useful to owners/investors, banks, the government, staff, and management. Statement of financial position (balance sheet) shows the value ...

[SINGAPORE] Del Monte Pacific (DMP) will not have to repay loans of nearly US$443 million in the current fiscal year after reclassifying them as non-current liabilities. On Thursday (Sep 18), DMP said ...

J.B. Maverick is an active trader, commodity futures broker, and stock market analyst 17+ years of experience, in addition to 10+ years of experience as a finance writer and book editor. David ...

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 ...