All
Articles (72)
- 1494 — Luca Pacioli publishes Summa de Arithmetica
- 1773 — First public accounting firm established in Edinburgh
- 1887 — American Association of Public Accountants founded
- 1913 — 16th Amendment ratified; income tax enacted
- 1929 — Stock market crash
- 1933 — Securities Act of 1933 enacted
- 1934 — Securities Exchange Act of 1934; SEC created
- 1939 — Committee on Accounting Procedure (CAP) formed
- 1959 — Accounting Principles Board (APB) replaced CAP
- 1970 — Cost Accounting Standards Board created
- 1973 — FASB established; replaces APB
- 1973 — IASC formed (predecessor to IASB)
- 1974 — ERISA enacted
- 1977 — Foreign Corrupt Practices Act enacted
- 1984 — GASB established
- 1985 — COSO formed (Treadway Commission)
- 1988 — Basel I Accord
- 1990 — FASAB established
- 1996 — GRI founded
- 1998 — IAS 39 issued (Financial Instruments)
- 2000 — CDP (Carbon Disclosure Project) launched
- 2001 — Enron scandal breaks
- 2001 — IASB replaces IASC
- 2002 — Sarbanes-Oxley Act enacted
- 2002 — WorldCom fraud discovered
- 2004 — Basel II Accord
- 2005 — EU mandates IFRS for listed companies
- 2006 — FASB-IASB convergence projects launched
- 2008 — Global financial crisis
- 2009 — FASB launches ASC (Codification)
- 2010 — Dodd-Frank Act enacted
- 2010 — Basel III framework published
- 2013 — COSO updated Internal Control Framework
- 2014 — ASC 606 / IFRS 15 issued
- 2015 — OECD BEPS 15 Actions finalized
- 2016 — ASC 842 issued (Leases)
- 2016 — ASC 326 issued (CECL)
- 2017 — Tax Cuts and Jobs Act (TCJA)
- 2017 — TCFD recommendations published
- 2018 — ASC 606 / IFRS 15 effective (public)
- 2019 — ASC 842 / IFRS 16 effective (public)
- 2020 — ASC 326 (CECL) effective (SEC filers)
- 2020 — Wirecard fraud discovered
- 2021 — ISSB created by IFRS Foundation
- 2021 — Corporate Transparency Act enacted
- 2022 — EU CSRD adopted
- 2022 — Inflation Reduction Act (IRA)
- 2023 — IFRS 17 effective (Insurance Contracts)
- 2023 — TNFD framework launched
- 2023 — ASU 2023-08 (Crypto fair value)
- 2024 — ISSB S1/S2 effective; EU CSRD begins
- 2024 — OECD Pillar Two implementation begins
- 2025 — ASC 350-60 (Crypto) effective
- Fundamental Accounting Equation
- Expanded Accounting Equation
- Retained Earnings Formula
- Net Income Formula
- Comprehensive Income Formula
- Net Book Value of Fixed Assets
- Net Intangible Assets
- Funded Status (Pension)
- Pretax Income
- Indirect Method - Operating CF
- Cash Flow Equation
- Balance Sheet ↔ Income Statement
- Balance Sheet ↔ Cash Flow Statement
- Income Statement ↔ Cash Flow Statement
- All Three Statements
- Cost of Goods Manufactured
- COGS (Manufacturing)
- Total Manufacturing Cost
- Break-Even in Units