Explore OCBOA, a flexible non-GAAP accounting framework that includes tax-basis, cash-basis, and statutory accounting, offering an easier, cost-effective alternative for financial statements.

For years, insurance accounting in Africa relied on a patchwork of practices that hindered comparability and often obscured real performance. The arrival of IFRS 17, effective for periods beginning on ...

Washington, D.C. – Today, the Office of Management and Budget’s Cost Accounting Standards (CAS) Board, chaired by the Office of Federal Procurement, published two proposed rules to eliminate more than ...

The July issue of Best’s Review includes a ranking of the top global brokers and provides coverage of insurance accounting: “Top Global Insurance Brokers – 2025 Edition” provides a ranking of the top ...

Forbes contributors publish independent expert analyses and insights. I am the Kester and Brynes Professor at Columbia Business School and a Chazen Senior Scholar at the Jerome A. Chazen Institute for ...

Sompo Holdings Inc. announced it will become the first Japanese insurance group to adopt the International Financial Reporting Standard (IFRS), transitioning from Japanese generally accepted ...

1 Insurance revenue and MGA premiums. 2 Calculation based on US-GAAP. 3 Non-insurance accounting applicable for MGA business. 4 On insurance revenue and MGA business. 5 According to US-GAAP.

The hearings are a response to reporting by the Times/Herald. Lawrence Mower is a Tallahassee correspondent, covering politics and the state capitol. Reach him at [email protected]. The Tampa Bay ...

TALLAHASSEE, Fla — State lawmakers are vowing to take a deep dive into Florida’s home insurance crisis. This comes after reports that insurance companies were moving billions of dollars to their own ...

FASB is seeking feedback on a proposed Accounting Standards Update (ASU) that addresses 34 issues in its codification. The “targeted improvements” to the FASB Accounting Standards Codification are a ...

The Financial Accounting Standards Board will evaluate two weighty issues in 2025 on how companies report their performance metrics and research and development spending as it looks to refill its ...