Business bookkeeping gets very complex, with divisions and subsidiaries requiring their own set of accounts. When the business accounting records are established, every account is titled and assigned ...

The Small Entity Act, a bill that would require the Securities and Exchange Commission to periodically study and update its definition of what constitutes as a small entity for regulatory purposes was ...

FASB would not consider not-for-profits (NFPs) and employee benefit plans public business entities for purposes of future standard setting, according to a new proposal the board exposed for public ...