Discover the role, history, and standards set by the Canadian Institute of Chartered Accountants, supporting accounting professionals nationwide and internationally.

Financial accounting principles shape the recording of nearly every business transaction in the business world. The creation of these principles is no small task and can sometimes seem nearly ...

Aug 31 - Several years ago the Accounting Standards Board in Canada (the AcSB), which is responsible for setting Canadian accounting standards, decided to adopt International Financial Reporting ...

TORONTO, Oct 17 (Reuters) - The board that sets Canadian accounting rules is going along with U.S. and international changes that will allow companies to reclassify some financial instruments to allow ...

Daniel Liberto is a journalist with over 10 years of experience working with publications such as the Financial Times, The Independent, and Investors Chronicle. Yarilet Perez is an experienced ...

What Are Generally Accepted Accounting Principles (GAAP)? Your email has been sent Understanding GAAP is essential for anyone involved in finance or accounting. Learn the key principles and their ...

In accounting, a principles-based on approach is the most popular accounting method globally because it is usually better to adjust accounting principles to a company's transactions, rather than ...