I like this Tom Selling post about the FASB's simplification of presenting debt issuances costs. […]
Tag: FASB
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, […]
FASB Supports the SEC’s Commitment to Tiptoeing Around IFRS Adoption Indefinitely
This week, the AICPA Conference on Current SEC and PCAOB Developments is going down in […]
The Possibility Remains the FASB Could Turn Their Simplification Initiative Into a Giant Charlie Foxtrot
Accounting rules are complex. It is known. The Financial Accounting Standards Board, in an effort […]
IASB Backtracks on Lease Accounting But Definitely Not Because of FASB
Funny that the IASB and FASB working together on a new lease accounting standard was […]
IASB Chairman to Take His Accounting Standards and Go Home If FASB Doesn’t Want to Play
Hans Hoogervorst doesn’t sound at all passive aggressive here or anything:
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IASB Vice Chairman Calls FASB a Bunch of Old Timey Back-Tracking Liars
The IASB has been frustrated with heel-dragging on this side of the pond for as […]
FASB Finally Gets Around to Preventing Lehman Bros Version 2.0
The Financial Accounting Standards Board has finalized its new accounting rule around repurchase agreements to […]
FASB Tries to Simplify GAAP, One Item at a Time
You will note that a bound copy of GAAP comes in at 7,692 pages (as […]
Five Things You Need to Know About New Revenue Recognition Rules
Knowing us, you can guess where we're going with this. We're not writing a how-to […]
Let’s Join FAF in Celebrating 40 Years of FASB!
So, who has the cake? In honor of the 40th anniversary of FASB, FAF has […]
Ace CEO Not Sure What This Mental Masturbation Around Insurance Accounting Is All About
Ace Ltd. (ACE) Chief Executive Officer Evan Greenberg said the push for new U.S. accounting […]