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International Accounting Standards Board Chairman Sir David Tweedie
The overseer of a coming accounting revolution opines on U.S. companies' inevitable, eventual shift to IFRS. September 1, 2008
SEC to Reveal IFRS Start Dates This Week
The commission's unveiling of the long-awaited proposed timeline, guiding U.S. companies in switching to international accounting standards, would intensify the debate. August 25, 2008
Who Should Write the Rules?
Comment letters responding to a recent FASB proposal suggest that the accounting standard setter should leave the writing of new accounting rules to its international counterpart. August 19, 2008
Bar Fight: Accounting for Lawsuits
FASB's chairman defends a recent proposal after a scathing Wall Street Journal editorial, but corporate opposition to increasing disclosure about potential losses from litigation also runs high. August 18, 2008
Get Ready to Reveal Credit-Swap Risks
FASB voted last week to require banks and other companies that sell credit derivatives to disclose more information to investors starting at the end of this calendar year. August 8, 2008
Contingent Liabilities Draft Stirs It Up
Comments on FASB's proposals for related disclosures are due this Friday, and a clash is likely. August 4, 2008
Mulling the Fair-Value, Historic-Cost Choice
Companies shouldn't report each business activity in a mixture of ways, an SEC advisory committee contends. August 1, 2008
What Belongs in Your Discontinued Ops?
FASB will rework the definition of discontinued operations in its upcoming exposure draft. July 25, 2008
Revenue-Recognition Rules: From the Many, One?
Coming this fall, a sneak peek at a slimmed-down revenue recognition rule. Software companies and other interested parties: Here's your chance to make some noise about it. July 17, 2008
Stall Balance-sheet Changes, FASB Asked
Fast-tracking consolidation of special-purpose entities would abruptly fill corporate financials with losses, two securities trade groups assert. July 17, 2008