FASB, SEC Give New Options on Pushdown Accounting
FASB has issued a new Accounting Standards Update to provide an option for the application of “pushdown accounting,” which occurs when an acquired business adopts the new parent company’s basis of accounting to prepare its financial statements. The update gives acquired companies some choices on the timing and extent of ...
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News BriefSEC charges duo in $275 million water vending machine Ponzi scheme
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News BriefNine regulatory initiatives under SEC’s “Project Crypto” aim to redefine crypto market rules
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