Where FASB Has Been – And Where It’s Going in 2016: Investors look to the FASB and its overseer, the SEC, for the establishment of accounting standards that should present outsiders with the economic reality within investee companies. The …
Archive | January, 2016
Volume 25, No. 1
Looking Back: What Happened in Business and Accounting in 2015: We’re told that if we don’t learn from history, we’re condemned to repeat it. The sad truth is that we’re often so busy trying to make history – whether …
Volume 25, Bulletin 1
New FASB Standard Brings Reporting Chnages to Financial Assets and Liabilities: Changes in classification and measurement won’t occur until fiscal years beginning after December 15, 2017. That makes March, 2018 10-Qs the first time the new classification and measurement regime …