Search for: "Financial Accounting Standards Board "
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20 Feb 2015, 10:06 am
Nelson, J.D.The Financial Accounting Standards Board (FASB) said it has streamlined its consolidation guidance. [read post]
26 Mar 2010, 11:23 am
To meet this standard of care, a director must participate in (1) making informed decisions; and (2) providing oversight to ensure that the nonprofit is acting to advance its exempt purposes consistent with the law and within its financial means.The board may delegate the management of the nonprofit to staff, committees, officers, and others, but it cannot delegate its ultimate oversight responsibilities. [read post]
26 Mar 2019, 1:30 pm
At times, investors may be more patient with the implementation of GAAP and will allow a period of two years to complete the conversion, when it is clear that (i) there is a process that has begun to identify and vet the appropriate Accounting firms, and (ii) that accurate financial information is available; and (iii) the resources to provide more sophisticated financial information is available to the Board of Directors and management. [read post]
3 Apr 2009, 8:02 am
James Kwak writes up the Financial Accounting Standards Board's (FASB) weakening of the "mark to market" rule. [read post]
6 Jan 2017, 3:31 am
In his letter to the Board, Board Member Hanson wrote: “This is to notify you that I have submitted my resignation as Board Member of the Public Company Accounting Oversight Board to the Commissioners of the U.S. [read post]
17 Nov 2013, 9:08 am
Maystadt still wants ESMA to have an enhanced role in the European accounting standard setting process. [read post]
19 Aug 2008, 7:45 pm
Last week, the Financial Accounting Standards Board (FASB) adopted new rules for banks and other purveyors of credit derivatives to help investors get a better read on these financial instruments. [read post]
26 Oct 2022, 4:05 am
Over on PracticalESG.com, Lawrence Heim recently blogged about the latest notice from the International Sustainability Standards Board (ISSB) on its progress toward refining its first two proposed sustainability-related disclosure standards. [read post]
26 Aug 2019, 2:54 am
Note that the Board’s tentative decisions would not affect the relief granted under SEC rules related to the adoption of new accounting standards by emerging growth companies. [read post]
1 Nov 2010, 2:19 pm
The SEC Office of the Chief Accountant and the Division of Corporation Finance released a progress report on the SEC's work plan for considering whether to incorporate International Financial Accounting Standards (IFRS) in U.S. issuers' financial reports. [read post]
26 Jul 2005, 5:42 pm
Cox also pledged to enforce the controversial Financial Accounting Standards Board [official website] (FASB) rule requiring companies [read post]
21 Sep 2010, 11:12 am
With the arrival of the September 20 deadline (extended from August 20), business groups have commented on the Financial Accounting Standards Board's proposal to require disclosures about contingent liabilities, the Exposure Draft, Topic 450, "Disclosure of Certain Loss Contingencies. [read post]
29 Jul 2021, 9:12 pm
The Treasury has released for consultation the draft bill for the Financial Accountability Regime (FAR or the Regime). [read post]
23 Dec 2009, 1:34 pm
I think everyone can agree that securities lawyers and financial accountants do not have the right skill set for that purpose. [read post]
1 May 2024, 4:24 am
Advancements and Critiques in ESG Standards The International Sustainability Standards Board (ISSB) has released new global ESG reporting standards to provide a uniform framework. [read post]
28 Feb 2012, 1:00 pm
The Chief Accountant mentioned that the Financial Accounting Foundation and others have raised concerns around the US having a voice up front. [read post]
16 Jul 2012, 4:49 am
SEC's Chief Accountant Publishes Final IFRS Work Plan Report On Friday, the SEC's Office of Chief Accountant issued its final IFRS work plan report. [read post]
20 Dec 2011, 9:22 am
Board Member Jay Hanson noted that some commenters responding to the original proposed standard were hoping that the Board would require auditors to discuss their assessment of the company's tone at the top. [read post]
11 Dec 2015, 3:28 pm
These events eroded relations between boards and shareholders, and stressed the need for high corporate governance standards to restore trust. [read post]
18 Dec 2020, 11:01 am
The auditors also reported no material weaknesses in the USPTO’s internal controls and no instances of non-compliance with laws and regulations affecting the financial statements.Here at the USPTO, we take pride in our long record of producing annual PARs that meet the highest standards of transparency, quality, and accountability. [read post]
