FASB Kicks Consolidation Standard Out to 2015
Image: Title: GoldenCompanies will not have a final new accounting standard on consolidation by the end of 2014, despite earlier indications from the Financial Accounting Standards Board that the standard would be completed by year’s end. According to FASB, numerous issues remain to be analyzed, a handful of which could ...
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Consolidation Rule’s Consequences More Than You Expect
Image: A new rule on consolidating entities into a parent company’s financial statements might reach well beyond the original problem it aimed to fix. Financial reporting executives should prepare to take inventory of the entities in your enterprise and see how they may need to roll onto the balance sheet. ...
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News BriefPCAOB chair Williams latest independent official pushed out by Trump
Continuing a Trump administration practice of firing independent regulators, the head of the Public Accounting Oversight Board has been sent packing.