The equity accounting method is used if the reporting entity has a significant interest in another company but does not own it outright. In practice, this means an ownership stake of 20-50% in the ...

NRG Energy NRG 1.07%, one of the S&P 500’s biggest year-to-date gainers, has volatile earnings due to its large derivatives-trading operation. Late last year, an accounting switcheroo let it ...

Global Navigation Satellite System (GNSS) ionospheric tomography is a typical ill-posed problem. Joint inversion with external observation data is one of the effective ways to mitigate the problem. In ...

Rev. Proc. 2015-13 itself updated and revised prior general procedures under Sec. 446 (e) to obtain the IRS’s automatic and advance nonautomatic consent to change a method of accounting. It has since ...