Discover the key differences between IFRS and GAAP accounting standards, and learn how they impact financial reporting for ...

Cryptocurrency holdings are neither cash nor financial assets, but meet the definition of an intangible asset, at least according to an influential global accounting standards body. The Korea Times ...

Learn about acquisition adjustments, their role in M&A premiums, and how they impact asset valuation, depreciation, and corporate taxes.

As businesses shift toward knowledge-based industries and digital innovation, intangible assets are becoming increasingly important in financial reporting, mergers and acquisitions, and overall ...

More than 100 countries around the world, including all major U.S. trading partners, now use or have committed to adopting IFRS. Nearly as many use international auditing and assurance standards and ...

When Australia adopted international financial reporting standards (IFRS) in 2005, goodwill was the success story: it no longer had to be amortised. Previously, if you acquired another entity and paid ...