accounting standards
7 Articles
IFRS S1 and S2: Sustainability Disclosure Guide for CFOs
Analyze IFRS S1 and S2 sustainability disclosure standards. Learn the CFO's role in reporting material risks, climate impacts, and financial integration.
ASC 330 Inventory Valuation: Write-Downs & Reversals
Explore ASC 330 inventory valuation and write-down mechanics. Understand the lower of cost or NRV rule and why US GAAP strictly prohibits impairment reversals.
ASC 606 Revenue Recognition: The 5-Step Model Explained
Explore the ASC 606 revenue recognition standard. Learn the five-step model, identify performance obligations, and view practical journal entry examples.
NetSuite FAM Depreciation: Setup, Methods & Common Errors
A technical guide to NetSuite Fixed Assets depreciation. Learn setup workflows, standard methods (GAAP/IFRS), and how to resolve common FAM configuration errors
NetSuite Multi-Book Accounting: GAAP and IFRS Guide
Learn how NetSuite Multi-Book Accounting handles US GAAP and IFRS reporting side by side. Explore parallel ledgers, revenue recognition, and consolidation.
GAAP Rules 2025 Explained: Key Principles & Updates
Learn the latest GAAP rules for 2025. This guide covers core principles, recent FASB updates, and key differences between GAAP vs. IFRS for US companies.
Global Accounting Standards: A Guide to IFRS vs. GAAP
Learn the key differences between global accounting standards like IFRS and U.S. GAAP. This guide compares financial reporting frameworks by country.