Pharmacos, Health Insurers: The Bad Boys of Health Reform?
For tax purposes, the fees paid by the two industries under the Patient Protection Act are comparable to fines paid to the government for the violation of any law.
Private-Company GAAP Heats Up
An intense lobbying effort to keep new standards for private companies out of FASB's grasp is under way.
“We See Ourselves as Being on the Move”
Stephen Chipman, the CEO of Grant Thornton, talks about the firm's attempt to stick to its knitting and the nation's quest for a more rational financial reporting system and tax code.
Investors Defend FASB Role on IFRS
International accounting standard-setters may lack the political backbone of their U.S. counterparts, users of financial statements fear.
Turf War over Private-Company GAAP
The who and how of creating a separate GAAP for private companies are matters of growing debate.
All for One, Or None for All?
The SEC is pushing international standard setters to follow FASB's lead, and with good reason.
Sliced, Diced, and Still Obscure
New rules require companies to disclose segment information in the same way they report it internally. But analysts still won't be happy -- with good reason.
The Goodwill Games
Pooling of interests in mergers and acquisitions may be problematic, but so is the alternative.