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 ...

The Financial Accounting Standards Board has issued a pair of proposed accounting standards updates on the classification of debt in a classified balance sheet (current versus noncurrent), and changes ...

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 ...

Third, the significant differences through debt risk classification indicate that financial market participants face different credit risks relating to their investment in local bonds with ...

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 ...