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Huge Changes in Store for Financial Statements
Thought the economy wreaked havoc on your financial statements? Wait until FASB gets through with them. January 30, 2009
SEC, Others to Oversee Global Accounting
The trustees of the International Accounting Standards Board agree to have a collection of global regulators peering over their shoulders. January 30, 2009
Will a Tortoise Pace Win the Global Accounting Race?
Moving quickly to international accounting standards may be thwarted by practical reasons. January 23, 2009
Top Obama Advisers Clash on Global Accounting Standards
With Paul Volcker delivering a strong endorsement of International Financial Reporting Standards, the nominee for SEC chair, Mary Schapiro, testifies that she has concerns about the IFRS timeline. January 15, 2009
Data-Tagging: New Push for a Global Standard
International rulemakers release a "nearly" final version of their XBRL tool, and many see it as a major step toward IFRS. January 12, 2009
Which One When?
A roundup of key accounting deadlines, developments, and detours to watch for in 2009. January 1, 2009
SEC: Fair Value's Savior
In a report to Congress, the commission defends mark-to-market accounting but expects standard-setters to better explain how to implement the rules. December 31, 2008
Global Crisis Group Offers Integrity Backstop
U.S. and international accounting standard-setters form a monitoring body to help the industry cope with future political storms. December 31, 2008
Rulemakers Launch Revenue-Recognition Makeover
The accounting boards aim to make a dent in a mile-high stack of problems facing companies in terms of reporting sales that are linked to customer contracts. December 22, 2008
Merger Guide for the Perplexed
On the heels of launching its new merger rule on contingent losses, FASB slaps on a "Band-Aid" that raises questions with lawyers. December 17, 2008