FASB Agrees by Narrow Majority to Propose Alternative for Reporting Initial Franchise Fees
By Denise Lugo The FASB on July 22, 2020, voted 4 to 3 to propose an industry-specific alternative for how …
New FASB Chairman Signals Board to Focus on Maintaining, Improving Existing Rules
By Denise Lugo New FASB Chairman Richard Jones on July 7, 2020, said his priority in the seat is to …
FASB Planning Roundtable on Credit Loss Rules for Early Next Year
By Denise Lugo The FASB plans to hold a roundtable in the first quarter next year on credit loss accounting …
FASB’s Main Advisors Caution Board Against Developing Major New Accounting Changes This Year
By Denise Lugo Senior executives from the FASB’s main advisory council cautioned the board against issuing major new accounting changes …
Golden’s Departure as FASB Chair Ends Era
By Denise Lugo FASB Chairman Russell Golden bowed out of his post last week after 16 years at the organization, …
FASB to Publish Simpler New Rules on Convertible Instruments This Summer
By Denise Lugo The FASB on June 10, 2020, voted to issue new rules this summer that simplify the accounting …
Relax, Investors; There is No ‘EBITDAC’ Pandemic
By Soyoung Ho Is “EBITDAC”—short for earnings before interest, taxes, depreciation, amortization, and coronavirus—a thing that investors now have to …
SEC Commissioner Jackson Says Rule Change on Non-GAAP Measures for CEO Pay Should be Considered
By Soyoung Ho An investor advocate group last year petitioned the SEC to write a rule requiring public companies to …
Thomson Reuters wins multiple awards at the 2018 Stevie Awards for Checkpoint Catalyst, Employee of the Year and Transforming Women’s Leadership in the Law program
NEW YORK, November 21, 2018. Thomson Reuters, the world’s leading source of intelligent information for businesses and professionals, has won …
Thomson Reuters Special Report Provides Guidance on the New Accounting Model for Leases
Thomson Reuters has released a special report addressing the FASB’s new guidance on leases. The report, An Overview of the …