The New Human-Capital Metrics
A sophisticated crop of measurement tools could take the guesswork out of human-resources management.
One Small Step for Pensions
The first phase of FASB's project on pension accounting is intended primarily to improve and simplify financial reporting.
‘One Statement or Two?’ Tabled by FASB
The board votes to hold off on a proposal to change how companies display comprehensive income in their annual financial statements.
FASB Chips Away at Revenue Recognition
The board continues its work on this long-running project by clarifying the identification and measurement of performance obligations.
Many Happy Returns
The IRS wants to usher in the era of E-filing, but going paperless won't be easy.
Stock Options: Closer to Consensus?
A growing number of Wall Street firms are expected to require analysts to consider the cost of stock options in the earnings estimates of companies they follow, even though corporate managers might prefer that they use pro forma numbers.
Containing Drug Costs a Priority: Survey
Spending on prescription drugs grew faster than overall health-plan costs last year, so more employers are requiring their employees to share a greater amount of the total expense.
Approval of Telecom Deals Draw Fire
Consumer activists claim the SBC-AT&T and Verizon-MCI combinations are anticompetitive; FCC commissioners were divided on conditions.
UAL Reports $1.8 Billion Loss
The parent of United Airlines noted, however, that the losses were based on its creditors' claims, and that since it expects to settle them for a ''minor fraction'' of the amount recorded, it should record a large gain when it exits Chapter 11 next year.
Stock Options, Meet Pro Forma
''It's getting to the point where we're almost talking about earnings before costs," according to one observer.
Revenue Recognition a Top Concern
FASB's advisory group also cites pension accounting, a ''conceptual framework,'' financial performance reporting, and lease accounting.