When a business recognizes an expense from bad debt, it is unlikely that the cash flow statement will be affected directly. For a transaction to be included on the cash flow statement, it requires ...

In separate proposals issued Tuesday, FASB addressed balance sheet classification of debt and the disclosure requirements for inventory under the board’s Disclosure Framework. The proposed Accounting ...

In return, Athens must agree to a new austerity measures to save enough money to pay back investors who buy their expensive debt. The blog Zero Hedge has passed along a super useful flowchart of ...

Jens Nordvig, a currency analyst at Nomura, has produced a useful chart for understanding how the government shutdown and debt ceiling standoff might go from here. His flow chart below both shows ...

Budget presentation will be considerably easier as a result. The peculiar nature of the public sector net debt classification allows the Tories to claim that taxpayers are exposed either to £55bn ...

Two new proposals by FASB address balance sheet classification of debt and the disclosure requirements for inventory under the board’s Disclosure Framework. The proposed Accounting Standards Update on ...