Accounting Standards

Accounting Standards

SEC Could Reclassify SPAC Warrants And Hold Up New Filings: Report

Warrants could soon be considered liabilities instead of equity for accounting purposes.

Source: Benzinga
April 13, 2021
Accounting Standards

FASB Gives Private Companies Goodwill Accounting Break

Assessments and tests for goodwill impairment can be left until the end of the reporting period.
Accounting Standards

FASB Chair Jones Looks Ahead

Seven months in, Richard R. Jones gives his perspective on cryptocurrencies, climate risk disclosures, and possible goodwill accounting changes.
Accounting

FASB to Take Up Digital Currencies Question

Current GAAP accounting prohibits a business from showing the true value of its crypto assets, say critics.
GAAP and IFRS

The Importance of Accounting Comparability

Could deviating from industry norms and employing atypical accounting choices hurt companies and managers?
Accounting

Capitalizing On the Lease Accounting Deadline Extension

Rather than shelving the compliance project to be picked up at a later date, firms must leverage this time to be more strategic in their approach.
Accounting

Buffett Rebuffed

The Berkshire chairman decried the FASB mandate on new reporting for unrealized gains and losses. His airline holdings proved him wrong.
Auditing

PCAOB to Consider Revising Audit Evidence Rule

The board will assess whether it should change its standard to reflect the growing use of technology-based auditing tools.
Accounting

Is COVID-19 a Triggering Event for Impairment Testing?

Once companies are able to assess impacts to actual and forecasted results, they should consider whether such impacts represent a triggering event.
Accounting & Tax

Virus Relief Bill Delays CECL Rule for Banks

Congress makes a rare intervention to delay when large public banks must change how they account for losses on souring loans.
Accounting & Tax

Key Steps to the Lease Accounting Close

While some organizations have transitioned smoothly, others are still struggling to make the necessary business process and control changes.
Accounting

Technical Accounting: The CFO’s Secret Weapon

A great partnership with accounting will actually help drive and influence financial results (legally, of course).
1 2 3 … 6

Latest Articles

Regulation

House OKs Bill to Make Weed Banking Legal

April 20, 2021
Capital Markets

The Case for The Recurring Revenue Asset Class

April 19, 2021
Regulation

What Gary Gensler's Confirmation As SEC Chair Means For Crypto

April 16, 2021
People

CFOs On the Move: Week Ending April 16

April 16, 2021
The Economy

Business Inventories Increase 0.5% in February

April 15, 2021