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Financial Accounting Standards Board

150520-banks-editorial

Banks Get Relief on Accounting Headache

07/01/2016(0)
New treatment to alter lenders’ debt-value adjustments The banking industry’s least-favorite accounting rule is being scrapped. Accounting rule-makers on Tuesday changed a provision that in recent years has resulted ... Read More
accountants-and-technology

Technology In Accounting: Banks Should Mind the Gap

19/11/2014(0)
Financial institutions often turn to technology to meet increases in regulatory and reporting demands, dedicating large and ever-increasing portions of their budgets each year to investments in tools and ... Read More
fasb

FASB Finalizes New Rule on Stock Compensation

25/06/2014(0)
The Financial Accounting Standards Board has finalized new accounting requirements around stock compensation intended to resolve differences in how companies treat awards that have specific performance targets attached. FASB’s ... Read More
accounting

FASB Seeks to Simplify Accounting Rules

12/06/2014(0)
With an eye on simplification, the Financial Accounting Standards Board has taken up a few short-term projects to cut some unnecessarily complexity out of accounting rules and finalized new ... Read More
revenue

New revenue guidance: Six things to consider

30/05/2014(0)
The release Wednesday of a long-awaited new revenue recognition standard had financial statement preparers settling in to read hundreds of pages of text, as standard-setters celebrated the achievement of ... Read More
onestopbrokers-Accounting

A look on FASB’s new standards

30/04/2014(0)
In December 2002, five months after he became chairman of the Financial Accounting Standards Board, Robert Herz told a conference of auditors that FASB had set a “very ambitious” ... Read More
New-Guidance

FASB Provides Guidance on Reporting Discontinued Operations

11/04/2014(0)
The Financial Accounting Standards Board has issued new guidance on representing when a company or organization discontinues its operations. Accounting Standards Update No. 2014-08, Presentation of Financial Statements (Topic ... Read More
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