The Financial Accounting Standards Board has decided against undertaking a separate project to revise a controversial standard to account for uncertainty in income taxes. The report found that the ...
FASB published an update Tuesday aimed at improving guidance on the reporting of induced conversions related to settlement of convertible debt instruments. The Accounting Standards Update (ASU) ...
Current FASB Standard-Setting. Mr. Teotia briefly discussed three of FASB’s current standard-setting activities: (a) identifiable intangible assets and subsequent accounting for goodwill, (b) ...
The Financial Accounting Standards Board (FASB) has issued post-implementation review report for its leases standard, expressing concerns over ongoing costs. The board said while it achieved its ...
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