Companies periodically report gains, losses, income and expenses on their income statements. This statement distinguishes between your company's results from operations and those from other sources.

In an effort to simplify its Accounting Standards Codification, FASB has combined its guidance for income statements and comprehensive income into one topic. Previously, FASB’s guidance on these ...

Hedge documentation is important in both financial reporting and income taxation.For financial accounting purposes, on the date of the hedge, an entity must identify the hedged item, the instrument ...

Companies often invest in the securities of other companies. Sometimes, the intent is to gain significant influence over the investee, while at other times the investment is simply a way to earn money ...

Empower, a subsidiary of Great-West Lifeco US, has announced a new comprehensive suite of retirement income products for participants in its defined-contribution plans. Working with leading asset ...