Tag:
Financial Accounting Standards
Latest Headlines
Latest Headlines
Speed bumps for early XBRL adopters
The road to early adoption of XBRL has not been easy for everyone. There have been snafus, such as the Financial Accounting Standards Board's new codification of accounting standards, which is set to
Potholes on the road to new financial statements
A quiet global effort to reform financial statements has been underway for a while now. The public comment period closed this month and the results were not pretty. The effort by the Financial
The tide turns on mark-to-market
The banking industry has been fairly relentless in its efforts to overturn the mark-to-market rules that investors have so dearly embraced. Success at last: The FASB has voted to allow more leniency
A new U.S. accounting standards body?
The fight over fair value accounting has spawned a lot of ill will. It has come to this: Two lawmakers have proposed something they call the Federal Accounting Oversight Board (FAOB), which would not
