SunEdison Shares Plunge on Restructuring
Analysts are concerned about the cost of the company's moves to extinguish $580.1 million in convertible debt and $158.3 million in preferred stock.
Junk-Rated Defaults Seen Continuing at Low Rate
Still, given the fall in energy prices, Moody's expects the speculative-grade default rate to rise to 3.1% in 2016.
FASB Revises Rule for Presenting Debt Issuance Costs
FASB responds to feedback that having different balance-sheet presentation for for debt issuance costs and debt discount spawns unneeded complexity.
How to Mitigate the Impact of New Lease Accounting Rules
It's not too early to start looking into responses to the rule changes, which take effect in 2018.
Fed Sends Record $97B in Profits to Treasury
The U.S central bank had $4.5 trillion in assets at the end of 2014, compared with $850 billion in 2008.
PCC Worried About Debt Classification Change
Private companies say a new, principles-oriented approach for classifying debt as either "current' or 'noncurrent' may have unintended consequences.
The Value of Cash
How much is $1 of surplus balance-sheet cash worth? Less as a company matures, it turns out.
The Black Hole of Restricted Cash
FASB is working to provide specific guidance to corporations on how to report restricted cash.
The Case of the Vanishing Assets
A pair of out-of-synch accounting standards related to intangible assets unfairly penalizes balance sheets.
Prepping the Financials for a Sale
Don't let material balance sheet errors, insupportable earnings projections or revenue recognition errors stop a buyer from acquiring your company.
The Search for Suspect Accounting
Analytical models from academia and the SEC could help expose everything from poor-quality earnings to outright fraud.