FASB Wants Comment on Financial Instruments
Image: FASB wants public comment on one final aspect of its standard for financial instrument classification and measurement, focused on how entities should disclose hybrid financial instruments containing embedded derivatives that are separately recognized. FASB plans to get a proposal out soon so the comment period can be wrapped up ...
Related articles
-
Article
New Accounting Standard Provides a Host of Potential Changes for Financial Reporting
Accounting Standards Update No. 2016-01 is here, and its impact on how to classify and measure financial instruments will mean different things to different companies, especially when it comes to setting valuation. But with a lack of universal impact, this update will require everyone to take a look at their ...
-
Article
How to Panic Effectively With So Many Effective Dates Coming
Image: Revenue recognition, leasing, financial instruments—the accounting standards for all three have major changes looming, and that means financial reporting executives have lots of implementation to juggle in a short period. This week we look at how to manage so much change well and which companies face the most work. ...
-
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.