The Berkshire chairman decried the FASB mandate on new reporting for unrealized gains and losses. His airline holdings proved him wrong.
Now is not the time to eliminate important investor information. It is a time to enhance and improve some of the key sections of registrant filings.
In this moment, communication to investors in earnings calls should be more focused on future viability rather than historic profitability.
For multinationals that must prepare financials under both standards, there are comparability challenges and differing nuances to keep in mind.
Corporations should exist for a greater purpose than maximizing value to shareholders — and executives.
But the SEC should continue trying to boost transparency and comparability in reporting: CFA Institute official.
Can human-capital financial statements allow companies to measure the value of their employees?
