Capitalization of project costs affects the balance sheet, while expensing the costs affects the income statement. The route you assign determines whether your asset base increases or your profits ...

The U.S. Financial Accounting Standards Board is gaining support for its projects to streamline rules around disclosure of extraordinary items and inventory accounting. The accounting rule maker had ...

There's a rumor that Google will soon be launching a major update to Chrome. The application is code-named Project Jarvis and it's designed to literally take over your device and perform tasks as if ...