We're drafting this column in January, when many were surely puzzling over Securities and Exchange Commission Chief Accountant Jim Kroeker's December announcement that the commission would not, after ...

The American Bankers Association has released a letter and white paper raising concerns over the process taken by the Financial Accounting Standards Board and the International Accounting Standards ...

FASB is seeking feedback from stakeholders to help shape its future standard-setting agenda. The Invitation to Comment (ITC), open through June 30, is part of an agenda consultation project in which ...

Throughout the financial crisis, the two major accounting standard setters–the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB)–have been under ...

Please note: This item is from our archives and was published in 2009. It is provided for historical reference. The content may be out of date and links may no longer function. Ben Neuhausen, former ...

NORWALK, Conn.--(BUSINESS WIRE)--The Financial Accounting Standards Board (FASB) today announced the appointment of three new members to the Emerging Issues Task Force (EITF). The EITF assists the ...

Since the economic meltdown began in December 2007, and reached its zenith a little less than a year ago, fair-value accounting (‘mark to market’ as the Americans call it), has faced much criticism.

The Financial Accounting Standards Board voted to consider setting clear rules on the accounting and disclosure of certain digital assets such as Bitcoin and Ethereum, a move that could fill a gap for ...