Future income taxes are upcoming tax costs or savings due to discrepancies between financial statements and tax returns.

The Financial Accounting Standards Board has a project to review accounting for goodwill subsequent to its acquisition — again. The issue is whether to continue goodwill impairment testing as required ...

Full cost (FC) accounting allows companies to capitalize all operating expenses related to locating new oil and gas reserves, regardless of the outcome.

Dividends have long been a crucial component of stock market returns, often accounting for a significant portion of total gains. Historical data shows that dividends have contributed around one-third ...

Forbes contributors publish independent expert analyses and insights. I am the President of Diversified, a CFP and author. Managing finances in retirement is about more than just having enough savings ...