The Financial Accounting Standards Board issued an accounting standards update Thursday providing authoritative guidance on the accounting for government grants received by business entities.

Over the past few weeks, the Department of Energy has been looking at canceling billions of dollars’ worth of contracts. Now the federal agency has confirmed that it’s axing $720 million worth of ...

Coastal Bend Wellness Foundation says three grants were cut without notice, threatening jobs and services before the decision ...

FASB on Thursday published an Accounting Standards Update (ASU) that establishes authoritative guidance on the accounting for government grants received by business entities, filling in a ...