How Long Will it Take to Develop Crypto Accounting Rules? FASB Isn’t the Problem
Speculation has bubbled up about how fast the FASB, the nation’s main accounting rulemaker, can move to issue new accounting …
Regulators Charge Eagle Bancorp, Ex-Chairman over Related-Party Loan Disclosure Failures
The SEC on Aug. 16, 2022, charged Eagle Bancorp, Inc. and its former Chairman and Chief Executive Officer Ronald Paul …
In a Surprising Move, FASB Drops Project on Subsequent Accounting of Goodwill
The FASB on June 15, 2022, unanimously voted to drop its project on identifiable intangible assets and the subsequent accounting …
Not Always Necessary to Buy Software to Adopt Lease Accounting Rules, FASB Panel Signals
Not all companies need lease accounting software or vendor assistance to adopt the lease accounting standard because straightforward contracts can …