The draft update would require investment companies to take contractual sale restrictions into account when valuing an equity ...

The Financial Accounting Standards Board wants to amend how investment companies measure the fair value of a security subject to a contractual sale restriction.

A critical milestone in the qualified opportunity zone program looms, and understanding how to calculate the required ...

As the United States celebrates its semiquincentennial, explore the history of the accountancy profession’s essential role in ...

Although computing has transformed radically in the past 45 years, the computer rental rules of Sec. 41 and regulations ...

Banks transitioned to using the Secured Overnight Financing Rates benchmark after LIBOR was phased out in the wake of a ...

Wells Fargo reports that understanding account and routing numbers is vital for secure financial transactions, especially as ...

An expansive bipartisan House draft bill issued Thursday would set up a federal framework for artificial intelligence governance, laying groundwork for the codification of a key federal AI standards ...

Three investor advocates are asking the Financial Accounting Standards Board to reconsider guidance that allows private managers to write up the value of the secondaries they purchase, a practice they ...

Who needs more than two employees when artificial intelligence can do so many corporate tasks? It’s super efficient — and a little bit lonely. Who needs more than two employees when artificial ...

Amanda Smith is a freelance journalist and writer. She reports on culture, society, human interest and technology. Her stories hold a mirror to society, reflecting both its malaise and its beauty.

Journalist Jo Ling Kent joined CBS News in July 2023 as the senior business and technology correspondent for CBS News. Kent has more than 15 years of experience covering the intersection of technology ...