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The Financial Accounting Standards Board (FASB) recently issued exposure drafts of four proposed Statements of Financial Accounting Standards that would improve US generally accepted accounting principles (GAAP) and converge US [...]

In the wake of the spectacular collapse of Enron Corporation in fall 2001, the Financial Accounting Standards Board (FASB) recognized that at least some of the responsibility for the questionable [...]

For company researchers, Sarbanes-Oxley is the silver lining in the bubble-bursting blitz of corporate scandals that hit U.S. markets in 2001 and 2002. In late 2001, Enron collapsed into bankruptcy, [...]

The International Accounting Standards Board has a mandate to produce a single set of high quality, understandable, and enforceable global accounting standards and to encourage convergence on these standards. To [...]

How new accounting standards on the real estate industry affect the reporting of goodwill is discussed. The Financial Accounting Standards Board's newly launched Statement of Financial Accounting Standard No. 141 and No. 142 are examined including their effect on goodwill reporting.

The Financial Accounting Standards Board's Statement of Financial Accounting Standard (SFAS) No. 144, 'Accounting for the Impairment or Disposal of Long-Lived Assets,' is discussed. The measure offers tools real estate developers can use when disclosing the sales or disposals of long-lived assets to solve various problems. Various aspects of SFAS No. 144 are discussed.

This article describes the changes in regulations related to corporate stock options. A significant development was in March 2000, the Financial Accounting Standards Board issued its Interpretation 44 of Option 25 that govern how such plans are accounted for on companies financial statements.

First of two parts From the moment rules on off-balance-sheet structures were rushed out by the Financial Accounting Standards Board in January, they were met with a wave of complaints. [...]

Regulators are putting the finishing touches on a plan to give banks relief from new accounting rules requiring them to bring many of their commercial paper programs back on the [...]

Wall Street analysts scouring balance sheets for trouble ahead are starting to home in on the unfunded pension liabilities of big corporations. The market's swoon means that companies that have [...]

A recent decision by the Financial Accounting Standards Board to eliminate pooling of interest accounting treatment of mergers and acquisitions could accelerate the pace of M&As in the near future, [...]

Although the Financial Accounting Standards Board (FASB) requires companies to take inflation into account in their financial statements, doing so is a complicated matter. Companies that have done so on an experimental basis have found themselves with much smaller profits or much bigger losses. Most companies keep their dividends level with inflation, but their operating income may lag. Inflation-accounting is made difficult by the nature of the indicators it relies upon. These indicators are constant cost, based on the Consumer Price Index (CPI), and the current cost of goods.