In May 2014, FASB and the IASB released a final, converged standard on revenue recognition [see Accounting Standards Update (ASU) 2014-09 and IFRS 15]. The…
FASB News Leasing Standard to Get Minor Revisions Before Effective Date On November 29, FASB said it plans to float a proposal for public comment…
Audit Practice Alert Provides Guidance for Revenue Standard
FASB and PCOAB News
FASB News Lawmakers Call for Delay of Credit Loss Standard Twenty-six Republican members of Congress asked FASB and the SEC to delay the effective date…
FASB News Report: Revenue Recognition Implementation Delays Could Stall IPOs The majority of private companies contemplating initial public offerings (IPO) are not prepared to for…