SBC Communications Inc. said Thursday that it was revising the balance sheets for its first two fiscal quarters of 2002 to correct misstated classifications of $750 million in debt. The mistake was ...

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 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 revised its proposed accounting standards update Thursday to improve guidance used to determine whether debt should be classified as a current or noncurrent ...

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 an ...

The latest announcement is out from Starhill Global Real Estate Investment ( ($SG:P40U) ). Starhill Global REIT has obtained an advance tax ruling ...

A proposed accounting rule would flip certain debt from non-current to current, and some hospital leaders say the change—affecting tens of millions of dollars in some cases—could throw their debt ...

Ghana's high debt distress classification is expected to be reviewed after 2028, according to the International Monetary Fund (IMF). The current classification is due to near-term breaches of the Debt ...