Archive | 2016 Reports

2016 Reports

Volume 25, Bulletin 2

Finally! FASB Finishes Lease Accounting Marathon, Starts Implementation “Sprint” :  Almost a decade after adding lease accounting revisions to its agenda, the FASB released the final standard on February 25, 2016. Originally intended to be a “converged” standard with the

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Volume 25, No. 2

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

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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

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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

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