1995 Reports
Bank Holidays: Vacationing From SFAS No. 115: Statement of Financial Accounting Standards No. 115 required all companies to classify their holdings of debt securities in one of three ways: held to maturity, available for sale and trading. Those provisions …
SFAS No. 121: Corporate: Statement of Financial Accounting Standards No. 121, "Accounting for the Impairment of Long-Lived Assets and for Long-Lived Assets to Be Disposed Of" sounds like a mouthful. When adopted by U.S. companies, however, it will slim …
Evaporating Acquisitions: How GAAP Can Make Whole Companies Disappear: Purchase accounting for acquired companies often creates significant amounts of goodwill on the balance sheet of the acquiring firm. This is not so in many U.S. technology-oriented companies, for they …
The Looming Debate Over Disclosure Effectiveness: Corporate managements have long groused that financial statement disclosures have become too detailed and tedious. Those managements may find that their day is at hand, for there are several differing proposals calling for …
The 20% ROE Club: Admission Courtesy Of GAAP: Return on equity is a most basic financial measure, and is a tool used for assessing managerial performance as well as providing an input to valuation techniques like the dividend discount …
Divining 1994 Derivatives Disclosures: The Dow Jones Industrial Companies: Statement of Financial Accounting Standards No. 119 requires more detailed information about the use of derivative financial instruments for all reporting entities - not just dealers in such instruments, like …
Diving 1994 Derivatives Disclosures: 10 Banks: The application of Statement of Financial Accounting Standards No. 119 in 1994 financial statements resulted in much more information being added to the footnotes regarding derivatives activities, trading income arising from derivative instruments, …
Derivatives Essentials For Analysts: One expected highlight of 1994 annual reports will be the increased disclosures regarding derivative financial instruments. The new disclosures required by Statement of Financial Accounting Standards No. 119 relate to four basic financial instruments: swaps, …
Restructurings: New Rules For The Game: Restructuring charges have been a mainstay of financial reporting for years. Long ago, Ben Graham devoted a section of The Intelligent Investor to the analysis of "special charges" which contained many elements of …
What Keeps The SEC Busy - 1995: Early every January, the American Institute of Certified Public Accountants presents a national conference on current SEC developments. This event is generally recognized in the accounting world as a premier educational happening, …
