Financial Reporting
Grant Thornton suggests bank regulators should adjust capital requirements
In recent months, the impact of fair-value accounting (also known as mark-to-market accounting) on financial institutions and the capital markets has ...
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...
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 ...
Highlights of CCH Seminar: FAS 141(R) Business Combinations
AccountingWEB staff writer Teresa Ambord attended the recent CCH audio seminar: FAS 141(R): Business Combinations: Understanding and Applying FAS 141(...
Fraud and bankruptcy go hand in hand
Bankrupt companies are three times more likely to have been cited for fraud by U.S. regulators, according to a new study released last week from Deloi...
FASB to issue FSP FAS 140-4 and FIN 46(R)-8
The Financial Accounting Standards Board (FASB) has announced plans to issue final FASB Staff Position (FSP) FAS 140-4 and FIN 46(R)-8, Disclosures ab...
Business IT tips: Five ways to make your reports stand out
Simple and short are best when it comes to reports, according to the advice in our latest technology tips from Business IT Guides, courtesy of our sis...
Global advisory group to review reporting issues related to credit crisis
The International Accounting Standards Board (IASB) and the Financial Accounting Standards Board (FASB) have announced that they will create a global ...
FASB and IASB work together on reporting issues in financial crisis
The International Accounting Standards Board (IASB) and the Financial Accounting Standards Board (FASB) have announced further details on their joint ...
