BERLIN (Reuters) - The German government is using "accounting tricks" to meet NATO's 2% military spending target in 2024, Spiegel news magazine said on Friday, citing evidence from an internal finance ...

The Financial Accounting Standards Board issued a proposed accounting standards update Tuesday to establish authoritative guidance on the accounting for government grants received by business entities ...

Governmental Accounting Standards Board chair Joel Black has been overseeing GASB for nearly two years as state and local governments deal with the continuing fallout from the pandemic while ...

The Federal Government is planning to adopt the International Public Sector Accounting Standard (ISPAS) accrual basis in 2015. The measure is aimed at protecting its fixed assets and check corruption, ...

The government has decided to hold off on finalising the specific tourism revenue targets for 2026, until the completion of a ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

Nearly every public and private business entity — across all levels of government, small and large businesses and major accounting firms (such as KPMG, EY, Deloitte and PwC) — employs finance ...

Following recurring confusion over who should be the accounting officer, indications emerged yesterday that the Federal Government may ask its agencies to invoke Section 160 of the 1999 Constitution ...

When a business draws up a budget, it sets a target for spending. The number represents a limit; if the company spends more, then it has gone over budget. An important factor in this calculation is ...

SEC Chairman Harvey Pitt said today, ”We have had far too many financial and accounting failures.” “The commission cannot, and in any event will not, tolerate this pattern of growing restatements, ...