Learn about consolidated financial statements, the criteria for aggregation, reporting guidelines, and practical examples for parent companies with subsidiaries.

The International Accounting Standards Board published a consultation document Wednesday with eight proposed illustrative examples showing how companies could apply International Financial Reporting ...

The International Financial Reporting Standards Foundation has published a set of near-final examples showing how companies can improve the reporting of uncertainties in their financial statements ...

Managing finances in your business may feel like an overwhelming task at times. Still, it is crucial to keep up with financial reports to ensure the success and longevity of your business.

As a manager, your job is to set the directions for your organization, identify issues that require your attention or the attention of others in your workplace, and plan for the future. In the process ...

When you apply for business funding, lenders and investors want to ensure they won’t lose money on your venture. That’s why bringing detailed financial statements to your pitch meeting is crucial.

The development and communication of accurate and insightful financial reports and analyses are important for businesses and organizations to thrive. As stakeholders increasingly seek transparency and ...

Please note: This item is from our archives and was published in 2019. It is provided for historical reference. The content may be out of date and links may no longer function. Q. I am new to a ...

Companies are increasingly relying on generative AI to help draft their financial reports, aiming to save time and money, but also raising questions on trust and transparency in executives’ efforts to ...

Learn how currency translation converts foreign subsidiaries' financial results into a parent company's main currency, ...