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Preparing for Upcoming ESG Disclosure Requirements

Withum

ESG reporting standards are transitioning from the wild west to ridged government and accounting-imposed standards. ESG Disclosure Standards To navigate the evolving landscape of ESG reporting standards, companies must proactively integrate the forthcoming disclosure requirements into their reporting processes.

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GAAP: What It Is and Why Your Investors Expect It

inDinero Accounting

Generally Accepted Accounting Principles (GAAP) are a set of accounting principles, standards, and procedures that define accepted accounting practice at a particular time. Its purpose is to ensure that financial statements provide an accurate and transparent view of the company’s financial condition and operations.

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Why Should Skagit County Businesses Care About FASB and GAAP?

SkagitCountyTaxServices

Today, FASB is part of a structure that also contains the Financial Accounting Foundation, the Financial Accounting Standards Advisory Council, the Governmental Accounting Standards Advisory Council and the Governmental Accounting Standards Board (that last sets rules for state and local governments).

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The Path to Sustainable Mining: Leveraging Digital Strategies to Prepare for the Future of ESG Assurance

Withum

Digital transformation is key to building a path to sustainable mining, addressing sustainability challenges and capturing meaningful, thorough ESG (Environmental, Social, and Governance) data. In today’s mining industry, the effective management of environmental, social, and governance (ESG) data is of paramount importance.

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[07/11/21] The Sad State of Accounting

Baruch Lev

The Wall Street Journal reported (July 1, 2021) that the International Accounting Standards Board (IASB), the accounting body that sets the financial reporting rules of public companies in more than 140 jurisdictions ? This is not a reliable accounting system. but not in the U.S. — How do I know?

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FAQs Business Owners Need to Know About The 3 Essential Financial Reports

inDinero Accounting

In this article, you’ll find the essential information to 38 FAQs about business financial statements and links to further reading. Financial Statement FAQs. What is a business financial statement? The business financial statement defined. Who uses business financial statements?

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An Exclusive Interview with FASB Chairman Richard Jones

ThomsonReuters

He shared his thoughts about whether technology will impact the way the board sets standards and provided the most current view of the board’s work on segment reporting, goodwill, government assistance, debt, and a slew of other topics. Government Assistance, Debt, Goodwill, Segment Reporting. What are the plans for this topic?