The Financial Accounting Standards Board has added two new chapters to its Conceptual Framework. Issued as “concept statements,” the chapters cover the elements of financial statements, and their ...

During the first half of the 20th century, "accounting theory" developed primarily by accounting scholars and academics provided the primary basis for the practice and teaching of financial accounting ...

As climate change accelerates, the risk of sudden, large-scale shifts in ecosystems is growing. A new USGS study examines the mechanisms behind these abrupt ecological transformations—known as ...