Please note: This item is from our archives and was published in 2005. It is provided for historical reference. The content may be out of date and links may no longer function. here’s a new philosophy ...

The Financial Accounting Standards Board released a long-awaited accounting standards update Wednesday to improve the financial reporting for insurance companies that issue long-duration contracts, ...

Explore OCBOA, a flexible non-GAAP accounting framework that includes tax-basis, cash-basis, and statutory accounting, offering an easier, cost-effective alternative for financial statements.

In an effort to improve guidance, FASB on Thursday proposed an updated standard for the financial reporting of all insurance contracts, not just those written by insurance companies, and asked ...

Have There Been Benefits to the Convergence Process? Gven this background, the purpose of this discussion is twofold: to provide a review of the events surrounding the convergence movement over the ...

Learn how administrative accounting supports decision-making and operational control with roles like payroll management and budgeting. Discover key differences from financial accounting.

Huffmyer guided for Q2 2025 revenues between $30 million to $33 million and a non-GAAP operating loss of less than $500,000, reiterating the target of maintaining non-GAAP operating breakeven in ...