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, is laying out their goals for 2015 for all of us to see. Chairman Russ Golden writes: I’d like to share with you how we plan to “get it done” in 2015—how we’ll build upon the successes of 2014 while […]
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 floated a fourth, mysterious alternative to use of IFRS in the U.S. FEI reports: Schnurr described three possible alternative actions with respect to the use of IFRS by U.S. public companies that have been considered in that past: “Turning the […]
#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 the Internet, even if the speech-makers would hope that we have forgotten them. Oh, you wish. Today's Throwback Thursday comes from deep in former SEC Chairman Christopher Cox's closet. Made in March of 2007, over a year before the SEC […]