FASB
FASB Codification will be provided to faculty and students for free
On July 1, 2009, the Financial Accounting Standards Board (FASB) is instituting a major change in the way accounting standards are organized. On that ...
FASB Accounting Standards codification will launch July 1
The Financial Accounting Standards Board (FASB) has voted to approve the FASB Accounting Standards Codification as the single source of authoritative ...
IASB publishes draft guidance on fair value measurement
The International Accounting Standards Board (IASB) has published for public comment an exposure draft of draft guidance on fair value measurement.
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FASB issues new lease accounting paper
By Shawn D. Halladay The FASB has issued a Discussion Paper on lessee accounting for leases. As expected, the requirement to classify leases as capita...
FASB to issue new FIN 48 guidance
FASB will issue a proposed staff position for FASB Interpretation No. 48, Accounting for Uncertainty in Income Taxes, for pass-through and tax exempt ...
FASB chairman says final revisions to Statement 157 reaffirm fair value
In a statement accompanying the release of the final FASB Staff Position (FSP) of proposed changes to FAS 157, Fair Value Measurements, Determining Fa...
FASB responds to negative feedback to Proposed FAS 157-e, will vote on final version
When the Financial Accounting Standards Board (FASB) decided to move forward with changes to FAS 157, Accounting for Fair Value, with the proposed FAS...
IASB and FASB announce further steps in response to global financial crisis
The International Accounting Standards Board (IASB) and the Financial Accounting Standards Board (FASB) have announced further steps in response to th...
Expedited fair value guidance may ease pressure on banks
Following a hearing at a House Financial Services subcommittee last week, the Financial Accounting Standards Board (FASB) agreed to expedite release o...
FASB Chairman Robert H. Herz testifies on mark-to-market accounting
Robert H. Herz, chairman of the Financial Accounting Standards Board (FASB), testified about mark-to-market accounting today before the U.S. House of ...
