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 …
Archive | 2016 Reports
2016 Reports
Volume 25, No. 3
“Let’s Get Ready to … Reeead!” A Guide to What Matters in the 2015 10-Ks: There’s a twilight zone in late February and early March, neither winter nor spring. It’s 10-K and annual report season - the time of …
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 …
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 …
