The national debt has risen at a blistering pace over recent decades and is now higher than any era of the nation’s history—even when adjusted for inflation, population growth, and economic growth ...
As part of their capital structure, companies may use both debt and equity financing to fund the purchase of a business or assets or for ongoing operations. Properly accounting for these types of ...
The Federal Accounting Standards Advisory Board released an interpretation of the accounting rules around reporting debt cancellation for the federal government. Interpretation 11, Debt Cancellation: ...
Discover what odious debt is, how it operates, and examples of its occurrence. Learn why successor governments may refuse to ...
As the United States’ gross national debt recently surged past the $38 trillion mark, commentators hastened to ring alarm bells. And surely the figure is eye-popping. But as someone who was elected to ...
Oil and gas expert Toyin Akinosho says profit declarations can coexist with debt, urges NNPC to focus on operations and ...