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The Financial Accounting Standards Board posted an accounting standards update to improve the guidance on accounting for internal-use software costs. The amendments in the update apply to all entities ...

The most critical business information that accounting software stores includes financial records, payroll data, banking ...

FASB has amended its guidance on accounting for internal-use software costs. The amendments in the Accounting Standards Update (ASU) will apply to all entities subject to Subtopic 350-40, Intangibles ...

The Governmental Accounting Standards Board is juggling a variety of projects to improve accounting for state and local governments as they come under pressure from the threat of reduced funding from ...