FASB Gives Private Companies Breathing Room on Lease Accounting
FASB members voted unanimously to propose moving back the effective date for lease accounting and two other major new accounting standards.
Goodwill Impairment Testing: Time to Revisit?
FASB’s invitation to comment on goodwill accounting lays out possible cases for doing away with or improving impairment testing.
AICPA Urges Delay of Lease Accounting Rules
FASB should postpone the effective date of the “significant and complex” ASC 842 for a year for private companies, AICPA says.
Companies Urged to Stay Abreast of Accounting Proposals
Not paying close attention to proposed accounting standards and not commenting when there are concerns can have important consequences, experts say.
New Lease Standard: Comparing IFRS and U.S. GAAP
For multinationals that must prepare financials under both standards, there are comparability challenges and differing nuances to keep in mind.
New Loss Accounting Rule Will Dent Some Banks’ Capital Levels
Banks with large portfolios of consumer loans and high loan-to-asset ratios may take the worst hits, according to S&P Global Ratings.
The New Accounting for Collaborative Arrangements
Here's what you need to know about FASB's new guidance on "collaborative arrangements" between entities.
The 11 Best Accounting Articles of 2018
Here are CFO editors’ picks for the best accounting stories this year.
Lease Accounting Special Report: Ready or Not
Many companies still have plenty of work to do to comply with the new lease accounting standard. What’s holding them up?
FASB Tackles Thorny Disclosure Effectiveness Issues
Tweaks and additions to the FASB conceptual framework deal with the definition of materiality and the appropriate content in notes to financial statements.
How to Implement the New Lease Accounting Standard
With ASC 842 slated to take effect in just a few months, accounting teams need a methodical approach to implementation. Here is a guide.