Outside of the United States, countries are overhauling accounting standards for insurance companies. Will these changes be worth the costs?

Accounting conservatism, or processes that ensure firms report losses more quickly than gains, is a contested concept in the world of accounting.

Why do some firms benefit from finance committees while others do not?

Cross-selling allows banks to better monitor their borrowers and reduces interest rates for firms.

The actions of board members can extend past company reporting to affect the average worker.