AICPA President, CEO and former Mr. Universe Barry Melancon, CPA, CGMA wrote a letter to […]
Category: Financial Reporting
SOX 404 Not Helping: Study
A recent study by Sarah Rice of Texas A&M and David Weber and Biyu Wu of […]
Debt Issuance Cost Presentation Sure Doesn’t Seem Any Simpler
I like this Tom Selling post about the FASB's simplification of presenting debt issuances costs. […]
Triple Entry Accounting: Harebrained or Genius?
I've never been to SXSW, but I imagine that all the smart people talking about […]
Belated #TBT: The Birth of the Cash Flow Statement
No financial statement tells the story of a company quite like the statement of cash […]
American Realty Capital: Nothing to See Here Except Some Weak Internal Controls
American Realty Capital Properites reported the results of its internal investigation into accounting irregularities and SURPRISE, […]
Hertz Can’t Promise That Its Accounting Troubles Won’t Get Worse
UPDATE: I relied on that figure provided by The Journal that incorrectly stated that the cost of […]
FASB Vows to Hit the Gym, Stop Smoking, and Stick to Other Resolutions in 2015
Alright so I lied, FASB isn't going to quit smoking. What they are doing, however, […]
10 Gifs That CFOs Should Use in Their SEC Filings
And now, for a little bit of stupid fun. Compliance Week has a post on […]
#TBT: Convergence of International Accounting Standards Before Convergence Was Cool*
If you are one of the lucky few who has taken the CPA exam since […]
SEC Chief Accountant Suggests a Mysterious Plan D for IFRS
In remarks to the U.S. Chamber of Commerce on Wednesday, SEC Chief Accountant Jim Schnurr […]
#TBT: Former SEC Chairman Christopher Cox on The SEC’s IFRS Roadmap
The great thing about speeches these days is that they generally live in perpetuity on […]