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  • Financial Reporting: Comparability vs. Convergence June 10, 2019 The global financial reporting project is alive and well, according to Russell Golden, Chairman of the Financial Accounting Standards Board (FASB). Despite rumors that the FASB and the International Accounting ...
  • New inline XBRL requirements June 10, 2019 The Securities and Exchange Commission (SEC) adopted a rule in June 2018 to require public companies to embed interactive data tags directly into their financial statements using a process called ...
  • More details on the income statement June 10, 2019 Ideally, investors should be able to get sufficient information about a company’s future cash flows by looking at the income statement. But they currently don’t because expense information is too ...
  • Disclosing Government Assistance May 7, 2019 Amazon pulls the plug In February, Amazon pulled the plug on a $2.5 billion project to open a second headquarters in Queens, New York, that would have created an estimated 50,000 ...
  • Boardroom Diversity – Trends May 7, 2019 For companies of all sizes and industry groups, diversity is a hot topic today. Many corporate directors want to increase board diversity to capture its strategic benefits. Here are key ...
  • Lease Standards for 2020 May 7, 2019 Private businesses: Who’s ready for the new lease standard? Many private companies are still unaware of the balance sheet effects of new lease accounting rules, including lease capitalization requirements, that go ...
  • ‘Materiality’ – International vs. U.S. Standards April 9, 2019 Close-up on materiality The Auditing Standards Board (ASB) of the American Institute of Certified Public Accountants (AICPA) has been discussing options to amend its definition of the term “materiality.” In May, ...
  • Say-on-pay rule actually works? April 9, 2019 Say-on-pay rule: Study shows shareholder votes may not matter How does your company’s executive compensation plan measure up? A recent study found that CEO compensation at large public companies has continued ...
  • Segment Reporting Alternatives April 9, 2019 Exploring segment reporting alternatives In February, the Financial Accounting Standards Board (FASB) discussed its ongoing project to improve how companies provide information around business segments. It doesn’t appear that a proposal ...
  • XBRL Benefits Companies, Large and Small March 12, 2019 How XBRL Benefits Companies, Large and Small Investors and accounting professionals have warned the Securities and Exchange Commission (SEC) against exempting small companies from the requirement to add interactive data to ...
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